115 articles
A Labor Department 401(k) rule heading for final White House review could admit crypto beyond Bitcoin and Ether, and finance teams at plan sponsors, recordkeepers and advisers need the valuation, custody and records groundwork in place before the rule lands.
Greece's two-rate crypto regime (10% on gains, 15% on DeFi income) forces a gains-versus-income split in firm and CFO ledgers, even while implementation detail is still unconfirmed.
Greece's new 10% crypto gains tax and 15% DeFi income tax from 2027 create a split-rate bookkeeping problem that finance teams must prepare for now.
South Korea's proposed fourth delay of its 22% crypto gains tax to 2029 is a reprieve that finance teams should use to build records, loss tracking and CARF readiness, not to pause.
France's Assembly rejected the 2027 budget revenue section, dropping three crypto amendments for now, but they can return in the Senate, so finance teams should plan for stablecoin and self-custody reporting scenarios.
South Korea's ruling party proposes a fourth delay to the 22% crypto gains tax, and finance teams should use the window to harden records, not relax them.
France's Senate adoption of CARF-aligned automatic crypto data exchange and its practical implications for accounting firms, CFOs, and compliance teams operating across the EU and OECD
Italy's Revenue Agency rules that original 2023 consolidated revenue, not figures restated under OIC 34, governs the €750 million Pillar Two threshold test for 2024, with direct implications for multinational group compliance and crypto accounting software workflows.
Despite broader crypto lobbying pullback, tax-specific advocacy in the US intensifies across financial, legal, and VC sectors, creating a narrow legislative window firms must track.
Brazil's tax authority quantifies the revenue effect of LC 224/2025, spotlighting CSLL rate adjustments for fintechs, restricted JCP deductibility, betting-sector levies and lucro presumido changes that collectively reshape Brazilian corporate tax compliance.
The Blockchain Association has written directly to Congressional leadership demanding standalone crypto tax legislation, with a broader digital asset bill stalled in the Senate and a House tax measure parked until after November elections.
HMRC's Schedule 23 notice to Kraken catches clients on transaction volume, not profit, creating urgent disclosure deadlines for UK accountants managing crypto portfolios.
HMRC's new GfC21 compliance guidelines clarify that no separate VAT rules exist for cryptoassets, and that VAT treatment follows the underlying supply, with significant record-keeping obligations for UK and overseas businesses.
The Advocate General's opinion in Case C-203/25 expands the reach of the Parent-Subsidiary Directive anti-abuse rule beyond conduit companies, with direct implications for EU group structures and cross-border dividend planning.
Australia's Treasury Laws Amendment Bill 2026 embeds the OECD's Crypto-Asset Reporting Framework into domestic law, triggering mandatory reporting obligations for crypto service providers and new data flows that accountants and CFOs must plan for now.
Argentina becomes the 77th OECD CARF signatory, setting a September 2029 deadline for automatic crypto-asset information exchange — what accounting firms and CFOs must do now.
The Cabinet Office's £38.5m IR35 settlement exposes the gap between reassuring annual disclosures and defensible compliance processes, with direct lessons for accounting firms and CFOs advising engagers.
Two leading crypto advocacy coalitions are pressing a state court to rule quickly on the legality of Illinois's 0.2% digital-asset tax, with a decision on the merits potentially arriving as early as March 2027.
HMRC's GfC21 publication sets out how UK VAT applies to businesses selling, exchanging, or facilitating cryptoasset transactions, covering registration thresholds, place of supply, and record-keeping obligations.
H.R. 10357 proposes to extend wash-sale, conversion-transaction, and straddle rules to digital assets, closing the parity gap with securities and reshaping stablecoin and NFT accounting for US firms.
The IRS's 2026 Tax Forums included dedicated digital assets information-reporting sessions, signalling continued enforcement focus and giving tax professionals direct access to IRS subject-matter experts — with practical implications for firms running crypto accounting workflows.
Breaking update: Illinois and crypto industry groups jointly request a six-month postponement of the state's 0.2% Digital Asset Tax while constitutional litigation proceeds, with practical accounting and compliance implications for affected firms.
The Information Technology Industry Council's formal argument to the US Treasury frames DSTs as double taxation, with implications for how multinational firms and their accountants think about cross-border tax exposure and digital revenue reporting.
Illinois state officials agree to a six-month delay on a contested 0.2% digital asset tax following a circuit court filing by industry trade groups, giving firms and CFOs a narrow window to prepare or await a potential repeal.
Agreed injunction shifts Illinois's first-in-the-nation crypto tax six months, giving firms and practitioners a tighter but clearer compliance window.
The "One Big Beautiful Act" rolls back the ARPA-era $600 threshold and reinstates the original $20,000/200-transaction rule for third-party payment network reporting, with direct implications for crypto-linked payment flows and digital asset accounting software workflows.
The IRS's elimination of 71 guidance documents under Trump's deregulatory executive orders creates immediate compliance review obligations for accounting firms and CFOs, particularly around 1099-K thresholds, clean energy bonds, and digital asset reporting adjacencies.
A retiring Senate Finance Committee Republican has circulated draft crypto tax legislation, tracking the House's recent bipartisan momentum and opening a path to lame-duck Senate action.
The IRS forums' dedicated digital asset and One Big Beautiful Bill Act sessions are a direct signal to accounting firms handling crypto clients about where IRS enforcement and education attention is heading.
The House Ways and Means Committee's 38-5 approval of the Digital Asset Tax Certainty Act signals real legislative momentum on US crypto tax reform, even as the broader Clarity Act stalls in the Senate — with direct implications for how firms treat staking income and voluntary disclosure obligations.
Rep. Estes introduces the US Innovation and Global Competitiveness Act, reshaping BEAT exposure for DST jurisdictions and easing foreign-income taxes for US multinationals.
Congress's September 2026 digital asset tax activity, including the Ways and Means bill, Senate cloture failure, and CFTC rulemaking submission, mapped to concrete DeFi accounting and compliance obligations for US accounting firms and CFOs.
House Ways and Means Committee approval of H.R. 10357 creates immediate wash sale compliance risk for 2026 and sets a multi-year roadmap for stablecoin and digital asset tax reform.
Treasury's OBBBA-driven proposed regulations swap the long-standing last-day CFC ownership rule for daily proration, reshaping how firms model M&A transactions, allocate subpart F and tested income, and prepare Form 5471.
Treasury and IRS proposed regulations introduce a daily proration framework for CFC Subpart F and GILTI inclusions, replacing the prior year-end snapshot rule, with major implications for M&A transaction teams and international tax functions.
Breaking: House committee clears sweeping crypto tax bill covering stablecoins, staking, DeFi lending, and a $10 de minimis fee exemption, with direct accounting and reporting implications for US firms and individual filers.
Bipartisan committee vote moves US crypto tax legislation toward the full House, with real but deferred risk for accounting firms and digital asset CFOs.
The House Ways and Means Committee voted 38-5 to advance the Digital Asset Tax Certainty Act alongside two other tax bills, introducing mark-to-market accounting, wash-sale rules, and a voluntary disclosure program for digital assets — with stablecoin accounting implications at the centre.
Breaking down the September 15 2026 legislative and regulatory moves that directly affect crypto tax reporting and partnership audit exposure for US accounting firms and CFOs
SEC chair signals a dual-track strategy: support the Clarity Act legislatively while advancing issuance, custody, and transfer-agent rules unilaterally, creating a concrete regulatory horizon that US accounting firms and CFOs must plan against now.
Industry groups seek a preliminary injunction to block Illinois's 0.2% digital asset transaction tax before its January 2027 start date, creating immediate contingent-liability and crypto accounting software readiness obligations for firms.
House leadership's decision to cancel two weeks of September session has pushed crypto-related tax bills — including wash-sale reform and mark-to-market accounting for digital assets — into deep uncertainty, with firms needing to plan for extended ambiguity.
Chainalysis data reveals CARF's 86% onchain blind spot, with concrete implications for accounting firms and CFOs managing digital asset tax compliance.
Two major crypto trade groups file a fresh state-court challenge to Illinois's 0.2% Digital Asset Tax Act, calling it a rushed and unlawful statute, with direct implications for firms' tax provisioning and crypto accounting software strategies.
Crypto trade groups mount a fresh court challenge to Illinois's first-in-the-nation digital asset transaction tax, with direct accounting and compliance implications for US firms and CFOs.
HMRC updates agent sign-up guidance for MTD for Income Tax, raising practical steps accounting firms must take now for clients above the £50,000 threshold
IRS proposed rules would let digital asset brokers go electronic-only for Form 1099-DA statements, with enhanced consent and notification requirements effective from 2027
Operational and compliance impact of the IRS final Form 1099-DA rules on accounting firms, brokers, and CFOs holding stablecoins or NFTs
Washington state's draft NFT taxability guidance redraws B&O and sales-tax obligations for marketplace facilitators and sellers, with a November 2026 comment deadline and likely multi-state ripple effects.
