A bill defining crypto assets as securities and imposing capital gains tax on them has made it through a Kenyan parliamentary committee. It will be introduced to the lower chamber of parliament next. According to the Kenyan newspaper Business Daily…
Tag: Tax
5 nations challenge crypto experts and investigators to target tax crimes
The Joint Chiefs of Global Tax Enforcement (J5), a global anti-tax fraud group, hosted investigators, cryptocurrency experts and data scientists in ‘The Cyber Challenge’ event to track down individuals and organizations committing tax fraud. The J5 members are composed of…
Council of Europe adopts DAC8 crypto tax reporting rule
The eighth iteration of the Directive on Administrative Cooperation (DAC8), a cryptocurrency tax reporting rule, was formally adopted by the Council of the European Union on Oct. 17. The regulation will enter into force after it’s published in the Official…