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“#Letters to the Editor — June 13, 2021” Fix mask hysteriaKarol Markowicz succinctly captures the irrationality that has large numbers of people who are vaccinated against COVID still behave as though they are in mortal danger of contracting the disease every time they step into a public place (“Please, NY: Unmask,” June 9). In my…
“# Pronouncements from the G-7 allow green fintech to flourish ” After debating the issue for over eight years, the secretary-general of the Organization for Economic Cooperation and Development (OECD), Mathias Cormann, welcomed a historic international agreement by G-7 finance ministers from the United States, Japan, the United Kingdom, Germany, France, Italy and Canada on…
“# More IRS crypto reporting, more danger ” The United States Internal Revenue Service classifies crypto as property, meaning you can trigger taxes every time you use crypto to buy something. You might be using it to pay for a Tesla electric vehicle — oh, sorry, that’s not possible anymore — a cup of coffee…
“# The global corporate tax rate: crypto savior or killer? ” At a meeting in London earlier this month, the finance ministers from the G7 — the United States, Japan, Britain, Germany, France, Italy and Canada — unanimously agreed to begin creating the framework for a global corporate tax rate. The framework laid out a…
“#The outrage of tax leaks” Funny how the “deep state” the media likes to mock works only in one direction. Read any transcripts of Joe Biden’s calls recently? If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your…
“# South Korea moves to ban cross trading for crypto exchanges ” South Korea’s Financial Services Commission has moved to ban cross trading on crypto exchanges in the country. The move is part of a raft of amendments to the country’s Act on the Reporting and Use of Certain Financial Transaction Information. Cross trading, an…
“#Uber, Lyft competitor busted not charging sales tax” A new ride-sharing app that advertised lower prices than Uber and Lyft launched in New York City over the weekend — but was forced to raise fares after admitting Tuesday that it was not charging some riders sales tax. Co-op Ride, which has billed itself as an…
“#Dems in Albany eyeing yet another $15B tax hike — to be hidden in fuel costs” Emboldened by the $4 billion-a-year tax hike they passed in April, Democratic lawmakers in Albany now want to suck $15 billion a year more from New Yorkers — in a way that many will never even know what hit…
“# Australian tax office: Report crypto profits or else ” The Australian Tax Office has urged citizens to accurately report any profits made in the process of trading cryptocurrencies like Bitcoin (BTC), as it anticipates tax filings from a pool of 600,000 Aussies who it now believes to be invested in digital assets. The ATO’s…
“# Korean gov’t clarifies crypto regulatory roles of different agencies ” Over the past year or so, the crypto community in South Korea has had to adapt to a suite of new regulations and government frameworks tailored to the growing industry. With the regulatory landscape for digital assets thus undergoing a marked shift, there…