🇺🇦 LATEST: Ukraine's parliament passes crypto legalization and taxation bill in first reading with 246 votes, proposing 18% income tax and 5% military tax on digital assets profits. https://t.co/kd5W2rSIm9 ...

Financial Impact - The UK government could potentially increase revenue by £1.9 billion annually by eliminating a business partnership relief affecting lawyers, accountants, and financiers [1]

We have identified five factions within the Republican Party. On both immigration and taxation, members of the Culture Warrior tribe are most likely to hold a conservative position, while Moderates are the most pragmatic https://t.co/PYaXmtv1jQ ...

Taxation & Policy - Corporate income tax is a crucial tool for taxing the wealthiest Americans [1] - This tax is not paid directly by individuals via personal checks [1]

IRA Taxation - Mutual fund sales and other transactions within an IRA are subject to taxation [1] - The report explores whether a sale within an IRA triggers an early withdrawal penalty [1]

RT BSCN (@BSCNews)INDIA MAY SOFTEN CRYPTO TAX GRIP — CBDT OPENS TALKS- India’s tax office has opened formal talks with crypto firms, marking a potential shift from its harsh stance.- The Central Board of Direct Taxes (CBDT) circulated a detailed questionnaire to exchanges this month, asking for input on how to design a workable regime for virtual digital assets (VDAs).- Questions cover whether India should draft a dedicated law, which agency should oversee it, and how to refine tax rules.- Stakeholders were ...

Regulatory Landscape & Taxation - India's tax office (CBDT) initiates formal discussions with crypto firms, signaling a potential shift from its stringent stance [1] - CBDT seeks input on designing a workable regulatory regime for virtual digital assets (VDAs) [1] - Stakeholders are consulted on the 30% flat tax and the 1% tax deducted at source (TDS) on trades [2] - CBDT addresses concerns regarding derivatives, cross-border transactions, and compliance with the OECD's new global reporting standard [2] Industry Concerns & Market Impact - The industry argues that current tax rules stifle liquidity and drive traders to friendlier markets [2] - Crypto exchanges compare India's regulations with those in other major jurisdictions [3] - The current framework taxes crypto more heavily than equities, treating every trade as a taxable event, hindering domestic activity [3] Future Outlook - Legal experts suggest the consultations could be the first step towards comprehensive regulation [3] - Crypto firms hope for a fairer tax regime and clarity on oversight [3] - India's future actions will determine its role in the global digital asset market [4]

Switzerland’s tolerance for foreign drivers clogging up its highways is wearing so thin that some politicians now want to make them pay extra for the privilege https://t.co/noJbIHcvSU ...

Workers in Las Vegas have a problem, and it’s one that “no tax on tips” can’t fix https://t.co/mCXRehTahh ...

Workers in Las Vegas have a problem, and it’s one that “no tax on tips” can’t fix https://t.co/xdsZNLNoua ...