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Tag: crypto tax

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Canada to begin implementing international crypto tax reporting standard

Canada is aiming to have the OECD standard for crypto asset tax reporting in place by 2027, as agreed with 46 other countries. According to a supplement to the 2024 annual budget, Canada expects to apply the international Crypto-Asset Reporting Framework (CARF) for taxation by 2026. The country is getting an early start on the…
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Australia’s confusing new crypto tax guidance is ‘toilet paper,’ says law firm

“I’m effectively telling individuals they are best disregarding it,” Cadena Legitimate’s organizer tells Cointelegraph after dubious new expense direction on DeFi was delivered in November. Australia’s disputable new rules for digital money tax collection ought to be disregarded for being indistinct and ought to likely be viewed as “tissue,” as per an Australian law office.…
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