UK should lower crypto tax rate to encourage growth – MP Matt Hancock

2022-9-23 11:40

Matt Hancock, former Secretary of State for Digital, culture, music, and sport, said the United Kingdom must take a long-term approach and lower crypto taxes to allow digital innovation to grow. The post UK should lower crypto tax rate to encourage growth – MP Matt Hancock appeared first on CryptoSlate.

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Conservative MP Matt Hancock advocates for “attractive” tax and regulatory regimes in the U.K.

Conservative MP and crypto advocate Matt Hancock in a keynote speech delivered at Crypto A.M.’s 4th anniversary on June 22 called for a crypto-friendly tax and regulatory regime. The post Conservative MP Matt Hancock advocates for “attractive” tax and regulatory regimes in the U.K. appeared first on CryptoSlate.

2022-6-24 06:45


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IRS draft tax form for crypto defines unhosted wallets as brokers

The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate.