Latest Taxes News and Insights | Yellow

Turkey's parliament withdrew cryptocurrency taxation provisions from a comprehensive legislative package following last-minute negotiations between government and opposition lawmakers. The removed articles would have imposed a 0.03% transaction tax on crypto trades through regulated service provider

Brazil's incoming finance minister has shelved a planned public consultation on cryptocurrency taxation, deferring a key regulatory question about how crypto transactions will be taxed until at least after October's presidential election. The decision leaves the fiscal treatment of cryptocurrency mo

South Korea's National Tax Service published an unredacted photograph of a Ledger hardware wallet and its full handwritten seed phrase in an official press release, allowing an unidentified actor to drain the wallet of 4 million Pre-Retogeum (PRTG) tokens within hours. The tokens were returned appro

Italy's Guardia di Finanza has uncovered a €500,000 tax evasion operation tied to undeclared Bitcoin and Ethereum (ETH) holdings and a concealed cryptocurrency mining setup. Six individuals across four Italian regions face tax assessments, plus additional administrative penalties on top of the base

House Ways and Means Committee members released a bipartisan framework Saturday that would exempt small stablecoin transactions from capital gains taxes while offering cryptocurrency stakers a five-year tax deferral option. Representatives Max Miller (R-Ohio) and Steven Horsford (D-Nevada) unveiled