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Crypto mining tax rates to rise? All about IMF’s new proposal
IMF proposes electricity tax hikes on crypto miners Per the agency, the levy would help address miners to reduce their ...
Tag: Tax
IMF proposes 85% power tax hike on crypto and AI data centers
The International Monetary Fund (IMF) has proposed higher energy taxes to reduce emissions from crypto miners and artificial intelligence (AI) ...
Crypto mining ‘strengthens America’s energy grids’ – A 30% tax means…
Per Senator Lummis, a 30% tax on Bitcoin mining could push the industry outside the country. She cited the Laffer ...
Lummis slams Biden’s ‘disastrous proposal’ to tax Bitcoin miners in ‘orange paper’
Senator Cynthia Lummis (R-WY) said the Biden administration’s to impose a 30% tax on Bitcoin miners is a “dangerous scheme” ...
Oklahoma Governor Signs Bill Exempting Sales Tax for Bitcoin Mining
The Oklahoma Governor signed a bill exempting particular taxes for bitcoin mining. America has expressed its aim to become a ...
‘Bitcoin Jesus’ charged with tax fraud and arrested in Spain
Early Bitcoin investor has been arrested in Spain over this weekend for alleged tax evasion charges in the United States ...
Crypto Folk Are Generous! (And Also Love Tax Breaks)
TL;DRFull StoryWe love ending our week with some feel-good-news…Top US charities are accepting cryptocurrency for donations and are finding major ...
Riot Exec Explains Reality Behind President Biden’s 30% Crypto Mining Tax
The crypto world is abuzz with debate as Pierre Rochard, VP of Research at Riot Platforms, sheds light on President ...
Kyrgyzstan reports surge in tax revenue from crypto mining
Kyrgyzstan, a nation with abundant untapped hydroelectric capacity, has seen a significant increase in tax revenue from cryptocurrency mining in ...
NFT tax loss harvesting spikes as year-end deadline approaches
As the year's end approaches, NFT traders are finally finding a use for the worthless tokens in their wallets: selling ...
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