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” Crypto wallet firm Ledger integrates tax solution to simplify reporting “ Major cryptocurrency hardware wallet provider Ledger is moving to help crypto investors keep track of their taxes by integrating a new crypto tax-related solution. Ledger has partnered with cryptocurrency tax software ZenLedger to integrate its crypto tax reporting solution into Ledger’s interface application,…
“Biden’s insulting response to our inflation crisis” President Joe Biden just set another record: The worst inflation since 1981, as consumer prices climbed a staggering 8.5% over the 12 months ending in March. That’s our sixth straight month of inflation above 6%, and our 11th straight month above 5%. The White House response? A waiver…
“Millionaires fleeing south from New York tax smack” New York elected officials are scrambling to spin their disastrous population losses as something that can easily be reversed with just a few tweaks to the business environment, more federal aid and more spending from Albany and City Hall. Sorry, the municipal-bond market appears to disagree. For…
“IRS answering only 20% of taxpayer phone calls” Internal Revenue Service agents are answering just a fraction of all incoming customer service calls as the embattled agency struggles with a record volume of inquiries and a massive backlog of tax returns, IRS Commissioner Chuck Rettig acknowledged during a Senate hearing this week. The commissioner detailed…
” Coinbase to invest in Indian crypto and Web3 amid tax regulation clarity “ Coinbase Ventures, an investment arm of American crypto exchange Coinbase, shared a plan to invest $1 million in various Indian cryptocurrency and Web3 initiatives via an in-person pitching event. In a blog post drafted while he was in India, Coinbase CEO…
” DAO regulation in Australia: Issues and solutions, Part 1 “ Lawmakers in Australia want to regulate decentralized autonomous organizations (DAOs). In this three-part series, Oleksii Konashevych discusses the risks of stifling the emerging phenomenon of DAOs and possible solutions. On March 21, 2022, during Blockchain Week Australia, Australian Senator Andrew Bragg made a few…
” Crypto assets for liquid democracy: The future of public finance “ Power historically shifts from governments to people. Democracy is the product of revolution and disruptive innovation by those who abhor the elitism of aristocracy and monarchy, who fear the single-mindedness of theocracy, and who see the impracticability of communism. More than ever before,…
” Indonesia to impose 0.1% crypto tax starting in May: Report “ The Indonesian government is reportedly planning to charge a 0.1% capital gains tax on crypto investments as well as a value-added tax, or VAT, on digital asset transactions starting from May 1. According to a Friday Reuters report, Hestu Yoga Saksama, a spokesperson…
” 30% crypto tax becomes law in India following Finance Bill approval “ The Indian Finance Bill 2022 with new 30% crypto tax rules was approved by the Rajya Sabha, the upper house of the Indian parliament, to make it a law today that will come into effect starting on April 1. The approval of the…
“Ron DeSantis thinks New Yorkers are flocking to Florida due to fiscal ‘tailspin’” An increasing number of New Yorkers are sprinting south because of the Empire State’s ongoing fiscal “tailspin,” Florida Gov. Ron DeSantis said in an interview Tuesday. With new US Census data showing population booming in Florida and shriveling elsewhere, DeSantis said regressive…