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Tag: crypto taxation

Biden Proposes Record Capital Gains Tax Increase

Biden proposes a record capital gains tax increase, impacting high-income earners. IRS introduces simplified crypto tax reporting with form 1099-DA.

Japan’s Liberal Democratic Party Pushes for Immediate Crypto Tax Reforms

Japan's Liberal Democratic Party pushes for immediate crypto tax reforms, proposing separate taxation on cryptoasset transactions to streamline the process and address disparities in tax rates. Prime Minister Kishida's support signals a significant shift in Japan's approach to regulating the crypto industry.