1 / 1 Relevant items tagged with #TaxAuthority

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Tax Authority Slated to Become Main Crypto Regulator in Russia

[May 17, 2023 4:25 AM] Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indicated. According to the regulatory concept that’s currently under consideration, the revenue service…

China Fines Bitmain $3.6 Million for Tax Violations, Report

[Apr 12, 2023 11:30 PM] Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto…

NFT Creators Investigated in Israel for Alleged Tax Evasion

[Mar 6, 2023 1:30 AM] Israel’s tax authority is after two creators of non-fungible tokens (NFTs) suspected of failing to report almost $2.2 million in revenue. The news of the investigation comes after the recent arrest of a graphic designer from Tel Aviv accused…

Romania Carries Out Raids as Part of Crypto Tax Evasion Probe

[Jan 8, 2023 3:30 AM] Authorities in Romania have conducted more than a dozen raids against people suspected of hiding income from cryptocurrency operations. The searches took place in late 2022 following an earlier investigation which established that crypto traders…