European Parliament adopted a non-binding resolution on 30 June 2022 calling for a better use of blockchain to fight tax evasion and for member states to coordinate more on the taxing of crypto assets. The resolution, drafted by Lídia Pereira (EPP, PT) and adopted in the Economic and Monetary affairs

Based on the report by Bangkok Post on 26 May 2022, the Thai government exempts value added tax (VAT) from the transfer of cryptos until the end of 2023 by issuing a new royal decree issued under the Revenue Code fo the Exemption of VAT. Without such exemption, the cryptos

Portugal attracts a lot of cryptopians moving to the southern European country as it offers tax free on trading cryptos based on a 2016 tax ruling by tax administration remaining in force that it does not consider cryptos as foreign currencies or financial assets. Investors do not pay VAT or

On 20 April 2022, the Office of the Prime Minister of the Commonwealth of the Bahamas issued a policy white paper for the future of digital assets in the country. The paper sets out a vision and a framework to guide Bahamian digital asset policy to 2026 targeting to attract

National Assembly of Panama approved a bill 697 ("Crypto Law") with 38 votes in favor and none against on 28 April 2022 to regulate cryptocurrencies in the country. Crypto Law enables the canal country compatible with the digital economy, the blockchain and Cryptopians. Crypto Law contains provisions on

In the fifth section of the White Book for the Spanish tax reform in April 2022, the tax committee appointed to review the Spanish tax system proposes to extend the scope of the net wealth tax to crypto assets, which will also be introduced with specific valuation rules, either the