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Tag: cryptocurrency

Chile VAT on digital currencies

Chile VAT on digital currencies

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Internal Revenue Service confirms VAT on cryptocurrencies The Internal Revenue Service of Chile (SII) has confirmed the VAT liabilities on the trading of digital currencies such as bitcoin. Like many jurisdictions, trading of cryptocurrencies are treated as exempt from VAT. These digital currencies are considered an intangible.

EU DAC8 agreed – Crypto assets tax reporting harmonisation Jan 2026

EU DAC8 agreed – Crypto assets tax reporting harmonisation Jan 2026

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DAC8 agreed by ECOFIN to harmonise EU tax reporting by e-money, crypto asset and cryptocurrency intermediaries from 1 January 2024 EU Finance Ministers yesterday approved (ECOFIN) the European Commission (EC) December 2022 new proposed Directive on Administrative Cooperation covering tax reporting on cryptocurrencies, Non-fungible tokens

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