Singapore Proposes to Kill Double Taxation (GST) on Cryptocurrencies

2019-7-9 14:08

The Inland Revenue Authority of Singapore is proposing to end the Goods and Services Tax that is imposed on cryptocurrencies. Under the existing rules, users of cryptocurrencies are taxed twice when they use them to pay for goods and services.

This is because the IRAS treats such a transaction as a barter trade that results […]

The post Singapore Proposes to Kill Double Taxation (GST) on Cryptocurrencies appeared first on CCN Markets

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Источник: ccn.com

cryptocurrencies singapore → Результатов: 72


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2019-2-24 09:19


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The Daily: September Losses for Most Traders, Crypto Debit Cards Shipped in Singapore

The majority of cryptocurrency traders recorded losses on their investments last month, according to a report we’ve covered in The Daily. In this edition, we also look at the new debit cards allowing customers in Singapore to spend cryptocurrencies anywhere Visa is accepted and the decision of a large cryptocurrency mining company to move one […] The post The Daily: September Losses for Most Traders, Crypto Debit Cards Shipped in Singapore appeared first on Bitcoin News.

2018-10-27 16:52


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Singapore Determined to Become the First Country to Fully Embrace Cryptocurrencies and DLTs

Singapore is news again in the business world, and this time the star is the Monetary Authority of Singapore (MAS). During Coindesk’s 2018 Singapore Blockchain Week, the regulator stood out for presenting a reasonably clear vision of the crypto landscape, reinforcing the country’s firm decision to promote the development of blockchain technologies and embrace the […] The post Singapore Determined to Become the First Country to Fully Embrace Cryptocurrencies and DLTs appeared first on Ethereum World News.

2018-9-24 11:02


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Singapore May Become First Country to Fully Embrace Cryptocurrencies

Singapore took a step closer towards cryptocurrencies as the national financial regulators discussed their openness towards the emerging industry during the Singapore Consensus.   Singapore “Does Not Regulate Technology Itself But [Its] Purpose” It seems that the Singaporean government has a well-thought-out plan for introducing cryptocurrencies into their economy, according to TechCrunch.

2018-9-23 20:00


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Europol Urges EU Member States To Prepare For Influx In Bitcoin Crime

The European Union Agency for Law Enforcement Cooperation (Europol) have warned European Union member states of a future influx in Bitcoin and crypto related crime that could plague EU member states, therefore Europol have issued a message requesting each member state employs adequate resources into ensuring investigators and law enforcement teams are able to cope with this potential rise in crypto crime.

2018-9-21 15:30


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