5 Did You Knows about Crypto tax

Categories
Did you know?, tax

Did you know that 56% of countries now treat crypto income as taxable, up from 48% in 2024, including sale, swap, mining, airdrops, and staking rewards.   The increasing regulation is a response to the growing mainstream adoption of cryptocurrencies, but tax treatment varies widely depending on the country and how the crypto was obtained Did […]

The Tax & Compliance Challenges of Receiving Crypto from Unknown Wallets

Categories
audit, tax

Cryptocurrency transactions offer a decentralized and often anonymous way to transfer value. However, when funds originate from unknown or unverified wallet addresses, they present significant tax and compliance challenges. In this blog, we explore why these transactions raise red flags and how they impact financial reporting. Why Source of Funds Matters Regulatory bodies emphasize the […]