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Tuesday, November 28, 2023
More
    bitcoin
    Bitcoin (BTC) $ 37,925.16
    ethereum
    Ethereum (ETH) $ 2,049.44
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 229.88
    usd-coin
    USDC (USDC) $ 0.99903
    xrp
    XRP (XRP) $ 0.611141
    binance-usd
    BUSD (BUSD) $ 1.00
    dogecoin
    Dogecoin (DOGE) $ 0.080959
    cardano
    Cardano (ADA) $ 0.384871
    solana
    Solana (SOL) $ 58.36
    matic-network
    Polygon (MATIC) $ 0.752524
    polkadot
    Polkadot (DOT) $ 5.28
    tron
    TRON (TRX) $ 0.10305
    HomeFinanceNewest European Tax Directive Mandates Reporting on All Crypto Asset Transfers

    Newest European Tax Directive Mandates Reporting on All Crypto Asset Transfers

    The European Council has authorized the most recent guidelines increasing tax reporting necessities to incorporate transfers of crypto belongings. That is the eighth model of the Administrative Cooperation Directive (DAC), a set of steps for mechanically sharing info between European governments for tax functions.

    DAC8 was proposed in December, Authorised Might 16 after passing As a result of the Crypto Asset Market (MiCA) will depend on the definition established in its laws. The brand new DAC complies with the Crypto Asset Reporting Framework (CARF) and its amendments. Printed reporting requirements It was authorized by the Group for Financial Co-operation and Growth (OECD) in October, primarily based on a G20 mandate.

    Learn extra on Cointelegraph

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