What is the MEV tax and who pays it?
The MEV tax redistributes MEV, returning MEV profits that would otherwise have gone entirely to searchers to applications.
JinseFinanceThe MEV tax redistributes MEV, returning MEV profits that would otherwise have gone entirely to searchers to applications.
JinseFinanceOn April 30th local time, "Bitcoin Jesus" Roger Ver was sued by the IRS for suspected tax evasion and fraud involving nearly 50 million US dollars.
JinseFinanceGyeonggi Province, South Korea, implements an electronic system to swiftly identify and tax cryptocurrency tax evaders, recovering $4.6 million in owed taxes, setting a precedent in digital asset regulation.
WeiliangPreviously, investigations were primarily focused on money laundering- but now
AlexThe IRS is escalating efforts against crypto tax evasion, with over half of recent investigations focusing on tax-related issues. The surge in digital asset adoption has led to an increase in tax-related probes, prompting the IRS to formulate new regulations targeting brokers and intermediaries in the crypto space. The proposed measures, seeking input until January 25, 2024, will be integrated into the American Families Plan Act of 2023, reinforcing reporting requirements for crypto transactions exceeding $10,000.
Huang BoAuthorities have ordered exchanges to submit reports pertaining to the crypto holdings of more than 8000 individuals.
ClementThe Cheongju administration is collaborating with seven prominent South Korean crypto exchanges, such as Upbit and Bithumb.
BrianAuthorities in Romania have conducted over a dozen raids on individuals suspected of concealing earnings from bitcoin enterprises.
OthersThe Colombian government contemplates deploying a central bank digital currency (CBDC) to mitigate tax evasion. The country recently went through ...
BitcoinistA national digital currency would help curb tax evasion in Colombia, which is estimated at up to 8% of GDP, the head of Colombia’s tax and customs agency said.
Cointelegraph