All posts tagged "Taxation"
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378Crypto / Digital AssetsOECD Confirms Timeline Revision for New Global Tax Rules
A new international treaty for the Pillar One reforms will be finalised by mid-2023 for entry into force in 2024.
July 15, 2022 -
467Crypto / Digital AssetsKorea: New FSC, FSS Chiefs to Prioritise Stability, Growth
The FSS will be led by former prosecutor Lee Bok-hyun, while the FSC will be led by Kim Joo-hyun, who helped guide Korea through the 2008 crisis.
June 21, 2022 -
301ChinaChina to Drive Decarbonisation Through Tax and Fiscal Policy
National low-carbon transition funds will be established and existing government investment funds will help to facilitate decarbonisation.
June 3, 2022 -
148Asia-PacificSri Lankan Banks Get Reprieve Amid Forex Crisis
Banks can use their CCB and operate at 90 percent LCR and NSFR. IMF loan not expected until at least August.
May 28, 2022 -
665AML / KYCCum-Ex Scandal Widens like a Regulatory Inquisition
A common tax arbitrage trading strategy is now being prosecuted as outright tax avoidance, catching global banks and traders in a broad net.
May 10, 2022 -
577Crypto / Digital AssetsS. Korea Set to Delay Capital Gains Tax for Crypto
President-elect Yoon Seok-yeol is planning to defer the tax to 2025 to allow time for the enactment of a new set of regulations designed to protect consumers.
May 5, 2022 -
664AML / KYCRussia Finalises Bill to Give Crypto Legal Tender Status
The February version of the bill proposed to only allow crypto to be used as an investment vehicle. A digital ruble will be ready next year.
April 23, 2022 -
545Crypto / Digital AssetsIndia Passes Legislation to Implement 30pc Crypto Tax
Traders will not be able to offset losses against profits. A 1 percent tax will also be deducted at source for trading over INR 50,000 in a year.
April 1, 2022 -
295Asia-PacificVietnam Considers Allowing Organisation to Lend Overseas
Economic organisations will be allowed to provide offshore loans provided they comply with relevant laws and receive approval from the Prime Minister's office.
April 1, 2022 -
779Australia & NZAustralia Opens Consultation on Regulatory Regime for Crypto
The consultation proposes minimum standards of conduct, AML compliance obligations, and fit and proper requirements for directors and key persons.
March 22, 2022
