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. origin »

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Источник: Cripyo.news

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
bitcoin cryptocurrency weekend moonday hakimi agency tax

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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
draft gst authority revenue inland singapore new

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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
startups thailand tax ico taxes stock percent

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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
tax crypto deloitte cryptocurrency clients time when

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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
crypto cred pwc schatt get offer bitcoin

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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
countries report evasion like adopt may israel

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Singapore Gulf Bank and J.P. Morgan Partner to Deliver Uninterrupted USD Clearing

Singapore Gulf Bank adopts J.P. Morgan Payments’ Wire 365 to enable 24/7 USD clearing, allowing holiday USD payments and boosting cross-border liquidity.

BlockSec Enters SFA to Drive Global Crypto Compliance and Protection

This latest partnership between BlockSec and Singapore FinTech Association is a key step to elevating the compliance and security standards.

Coinbase launches all-in-one crypto payment platform for businesses in Singapore

Singapore marks the first international stop for Coinbase Business as the exchange ramps up its global expansion efforts.

Hong Kong’s SFC reviews digital asset treasuries as investor losses mount

Chairman Kelvin Wong warns of inflated DAT share prices. Boyaa Interactive and Ourgame International among affected firms. India and Australia also move to curb crypto-heavy listings. Hong Kong’s Securities and Futures Commission (SFC) has intensified its scrutiny of listed firms with digital asset treasuries (DATs) after findings suggested retail investors may have lost billions trading […] The post Hong Kong’s SFC reviews digital asset treasuries as investor losses mount appeared first on CoinJournal.

Singapore launches BLOOM to boost cross-border payments

Singapore is accelerating its digital finance ambitions through a new initiative called BLOOM — short for Borderless, Liquid, Open, Online, Multi-currency. Monetary Authority of Singapore (MAS) announced that BLOOM is designed to expand settlement capabilities using tokenized bank liabilities and regulated stablecoins.

Singapore delays Basel crypto banking rules to 2027

The Monetary Authority of Singapore will postpone the implementation of the Basel Committee’s crypto regulations from 2026 to 2027 to give banks more time to adjust. According to a report by Caixin media, the nation’s financial watchdog revealed in a…

IG Group buys Australian crypto exchange Independent Reserve

UK trading giant IG Group is set to acquire a 70% stake in Australian crypto exchange Independent Reserve in a A$178 million deal, pending regulatory approval in Australia and Singapore. IG Group to acquire majority stake in Independent Reserve UK-based…

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