News list for "axes"
According to documents released this week by Companies House, billionaire Nikolay Storonsky, co-founder and CEO of fintech company Revolut, has officially changed his country of residence from the UK to the United Arab Emirates. The change will come into effect in October 2024, at a time when the UK is phasing out its long-standing "non-settler" policy.
Arthur Hayes said that if Bitcoin stays above $765,000 by April 15, U.S. tax day, we are out of the woods.
David Sacks, the White House director of AI and cryptocurrency, said in a social media post: "Premature sales of Bitcoin by the U.S. government have cost U.S. taxpayers more than $17 billion. Now the federal government will develop a strategy to maximize the value of its Bitcoin holdings."
On February 10, German Chancellor Scholz: (when asked if the European Union is ready to deal with the possible tariffs imposed by the United States) Yes. We can act within an hour.
Argentina's presidential spokesperson: Argentina will reduce grain export taxes.
Argentina's Ministry of Agriculture announced a reduction in grain export taxes, with soybean taxes to be reduced from 33% to 26%, soybean derivatives to be reduced from 31% to 24.5%, corn taxes to be reduced from 12% to 9.5%, and wheat taxes to be reduced from 12% to 9.5%.
New White House official: Trump will end electric vehicle tax breaks.
Musk posted on the X platform about the tax dispute on crypto transactions. The original text read: "The customer bought $7,000 worth of cumrocket and pledged it for 3 months to earn 6,900%. Then they sold and withdrew the profit to invest in NFTitties, but the developers rugged the project and they only managed to liquidate 10% of the funds. Can the customer deduct the gas fee of the minted coin to balance the short-term capital gains tax?" Affected by this news, the eponymous token CumRocket (...
According to Kyodo News Agency, the Japanese government expects tax revenue in the 2025/26 fiscal year to reach a record level of about 78.40 trillion yen.
According to Bloomberg, South Korea's National Assembly has approved the postponement of the crypto tax.
