Turkey Slaps 10% Crypto Tax and 0.03% Transaction Levy in Sweeping Bill
Key Takeaways: Turkey’s ruling party proposed a bill imposing 10% deduction tax on crypto profit from managed platforms. A 0.03%
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Tax
Brazil to Propose 3.5% Tax on Stablecoin Purchases and Remittances
The measure, described last week, would be submitted by Brazil’s Revenue Service for public consultation and would impose a 3.5%
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UK Enforces Sweeping Crypto Tax Reporting Rules, Forcing Exchanges into Full HMRC Transparency
Key Takeaways: The UK will enforce OECD-backed crypto tax reporting rules from January 2026, with first reports due in May
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Bybit partners with Taxbit to boost global tax compliance for users
Key Takeaways Bybit has partnered with Taxbit to enable automated tax information reporting for users under CARF and DAC8 regulations.
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Russia’s Planned Tax Hike Would Put Hundreds of Thousands of Small Businesses at Risk of Closure, Lawmaker Warns
Thousands of small businesses in Russia could be forced to shut down as a result of government plans to raise
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UK Tax Authority Targets Crypto Investors with 65,000 ‘Nudge’ Letters
The UK tax authority has intensified its efforts to address crypto tax non-compliance, sending around 65,000 “nudge” letters in the
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Latam Insights: Brazil Defeats Crypto Tax Revamp; US Buys Argentine Pesos
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In
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$3B in Revenue Lost as Brazil Defeats Lula-Sponsored Crypto Tax Measure
The Provisional Measure that terminated tax exemptions for small crypto holders was defeated in Congress, being withdrawn from the discussion
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Roger Ver reaches tentative $48 million tax fraud settlement with DOJ
Key Takeaways Roger Ver, known as “Bitcoin Jesus,” agreed to a tentative $48 million settlement with the DOJ over unpaid
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Buenos Aires Set to Hit Crypto Natives With New Tax Measures
Buenos Aires is introducing a new taxation framework that will hit freelancers and stores receiving crypto with a 6% gross
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