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Tag: tax

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Exchange-traded funds have ‘tax magic’ that many mutual funds don’t offer

Israel Sebastian | Moment | Getty ImagesInvestors who hold exchange-traded funds can often escape a tax bill incurred by those with mutual funds,...

IRS grants temporary relief on crypto tax reporting rules amid legal challenges

The Internal Revenue Service (IRS) issued temporary relief on crypto cost-basis reporting rules, potentially averting increased tax liabilities for digital asset investors.The...

Italy drops plans to hike capital gains tax on crypto amid backlash, political division

Italy’s government announced plans to scale back a proposed tax increase on crypto capital gains following criticism from industry stakeholders and divisions...

Hong Kong proposes crypto tax exemptions to rival Singapore as financial hub

Hong Kong is moving to solidify its status as a financial and crypto hub by proposing tax exemptions for hedge funds, private equity...

Hong Kong to boost crypto industry with new licenses and tax perks

Hong Kong authorities expect to license more crypto exchanges before the end of this year, according to Financial Secretary Paul Chan.At the...

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