Singapore: No Income Tax on Cryptocurrency Airdrops and Hard Fork Tokens, IRAS Says

2020-4-21 23:07

The Internal Revenue Authority of Singapore (IRAS) has published new crypto tax guidelines indicating a tax exemption for hard forks and airdrops. Also, the guide outlines Singapore’s tax treatment scheme for digital tokens and securities.

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Источник: btcmanager.com

tax singapore → Результатов: 21

Moonday Mornings: Bitcoin hash rate pumps while Iran says trading is illegal

Hello and welcome to another Monday and with that, another Moonday Morning – where we take a look at the weekend’s top cryptocurrency and blockchain news. Here’s Hard Fork’s selection of last weekend’s top stories: 1.

2019-7-8 12:27	hard fork
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Singapore Proposes Dropping VAT on Cryptocurrencies

Coinspeaker Singapore Proposes Dropping VAT on CryptocurrenciesSingapore plans to exempt cryptocurrencies that are intended to function as a medium of exchange from Goods and Services Tax (GST) - the local equivalent of Value-Added Tax (VAT).

2019-7-8 11:48	zec
vat singapore cryptocurrencies dropping proposes tax equivalent

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Singapore’s Tax Agency Proposes to Exempt Cryptos From GST

Singapore's tax authority aims to stop applying goods and services tax (GST) to cryptocurrency transactions.

2019-7-8 08:00	Singapore
tax singapore gst goods applying services transactions

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Singapore’s inland revenue authority releases new draft on GST for crypto

The Inland Revenue Authority of Singapore (IRAS) recently published a draft guide that detailed the conduct of goods and services tax (GST) towards cryptocurrency transactions, since there has been an increase in the use of cryptocurrencies as a mode of payment.

2019-7-8 21:38	Singapore
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Toxic ICO Taxes: Thailand Stock Chief Slams Regulators for Crippling Crypto-Friendly Startups

By CCN. com: Thai startups raising funds by issuing digitized equities/stocks pay more taxes than an average business, according to Prinn Panitchpakdi. The governor of the Stock Exchange of Thailand (SET) said initial coin offering (ICO) startups typically pay 7 percent in value-added (VAT) and a 20 percent in corporate tax.

2019-5-7 14:24	Thailand
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4 Crypto Tax Tricks from Deloitte That Will Maximize Your Tax Return

CCN spoke to Deloitte tax partner Jim Calvin about the problems and strategies associated with cryptocurrency for his clients, particularly when it comes time for them to submit their annual tax returns.

2019-3-10 04:15
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Ministry Of Law In Singapore Says Cryptocurrency Is Not Legal Tender, Warning Companies Accepting Bitcoin Payments

Singapore Law Ministry Announces The Cryptocurrency Is Not Considered Legal Tender, Warning Companies Not To Accept As Payment Cryptocurrencies have been working to find their place in various jurisdictions as countries around the world categorize them for tax purposes, payments, and more.

2019-1-24 22:08	News
singapore ministry law companies warning payments tender

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Daily Byte: Tuesday, December 4, 2018

Japan goes after tax dodgers, Singapore promotes blockchain startups, and Bitcoin subreddit hits a milestone.

2018-12-4 20:27	World
startups blockchain promotes bitcoin milestone hits subreddit

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PwC and Cred Partner to Develop Cryptocurrency Trading Technology

Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.

2018-10-8 21:30	Investing
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PwC and Cred Partner to Promote Cryptocurrency Trading Technology

Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.

2018-10-10 21:30	Investing
crypto cred pwc schatt get offer bitcoin

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Report: Israel May Adopt Cryptocurrencies to Prevent Tax Evasion

Despite Bitcoin’s plummet to $6,600 (at time of writing), world governments and emerging economies remain invested in the idea of a blockchain-powered ecosystem supplemented with a decentralized currency framework.

2018-8-28 23:00	Israel
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Bhutan to increase Bitcoin mining operations sixfold ahead of halving

Bhutan and Bitdeer are set to expand Bitcoin mining capacity amid halving concerns, aiming to expand the nation’s mining capacity by 500 megawatts by 2025. Bhutan‘s investment arm, Druk Holding & Investments (DHI), is gearing up to boost its mining…

GSR Markets gets Major Payment Institution license from the MAS

GSR Markets secures MAS license, paving the way for OTC services in Singapore. Singapore aims to be a crypto-friendly hub with regulatory compliance. MAS recently expanded its regulations to safeguard investors amidst market turbulence.

GSR Markets secures license in Singapore to offer OTC services

GSR’s Singapore divison secured a rare regulatory nod from Singapore as the city-state aims to become a crypto-friendly hub. GSR Markets, a Hong Kong-headquartered crypto market maker, has secured a license for its Singaporean division from the Monetary Authority of…

Singapore expands crypto rules, now covers custody and payments

Singapore's financial regulator has released an expansion to its crypto framework.

OKX Approved: A Win For Singapore’s Crypto Ambitions?

Singapore’s meticulously crafted reputation as a bastion of financial stability is taking a fascinating turn. The island nation, long known for its conservative approach, is emerging as a surprising champion for regulated cryptocurrency activity.

Bitstamp secures MAS approval for crypto services in Singapore

Bitstamp, a major European crypto exchange, secures in-principle approval from Singapore’s MAS. The Major Payment Institution (MPI) license allows Bitstamp to offer digital payment token services.

Bitstamp earns provisional crypto license in Singapore

Bitstamp, one of the world’s long-standing crypto exchanges, is poised to join its competitors catering to users in Singapore.

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2020-4-21 23:07

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