According to the Income Tax Act ("ITA") of United Kingdom ("UK"), income from all sources of a tax resident of UK is subject to income tax, including foreign sources. Interestingly, while global income of a UK tax resident is taxed by HM Revenue & Customs ("

In order to tape the profits from growing cryptos industry in India, the government introduced an withholding tax of 1% for the transfer of cryptos in Finance Act 2022 effective on 1 July 2022. Tax Authority of India issued the guidance on the withholding tax in Circular No. 13 of

The hype of NFT may be (temporarily) gone, but the crash may lay a solid foundation for future. The world needs digital assets that are unique, irreplaceable and indivisible. A rational market will only make the future of NFT more prosperous and attract more talents for its development. Clear taxation

The Ministry of Finance in Germany has issued guidance on the tax treatment of Cryptos. Activities in connection with Cryptos can, depending on the circumstances of the individual case, lead to income from all types of income. In particular, income from commercial operations, income from employment, income from capital assets,

The Danish Tax Council (Skatterådet) gave its decision in case SKM2022.101.SR [https://www.skat.dk/data.aspx?oid=2349432] on 7 March 2022 whether the income from producing digital arts and selling NFT is subject to tax in Denmark, including: * Is producing digital arts and selling NFT a

Ethereum, Cardano and Polygon are some of the popular staking coins in the market. Staking can allow you to earn extra coins on your digital assets without lending to third parties like non-staking coins such as Bitcoins. This is a pretty much risk free reward as you have full ownership