News, regulatory updates and crypto-tax guidance for individuals, covering reporting, compliance and accounting developments.
Reform UK's reported proposal to slash crypto CGT to 10% would save the UK's 240 highest-earning crypto investors over £100M annually, raising questions about fairness and fiscal impact for every UK crypto holder.
O'Leary's Avalanche Summit comments frame the Clarity Act's Senate delay as a temporary pause, while the House crypto tax bill's staking provisions make the regulatory gap more pressing for US filers.
Breaking legislative update: the Digital Asset Tax Certainty Act clears committee 38-5, spelling out what it means for everyday US crypto filers on USDT tax, USDC tax, and small-transaction relief.
Bipartisan 38-to-5 committee vote sends US crypto tax bill to the full House, raising the odds of statutory reform for individual filers and practitioners alike.
38-5 committee vote advances broad US crypto tax reform covering stablecoins, staking, DeFi lending, and wash-sale rules, while Senate market structure bill stalls
Bipartisan committee vote moves US crypto tax reform closer to the full House, with real implications for individual filers who need to understand how crypto is taxed in the US right now.
Breaking: House Ways and Means advances the Digital Asset Tax Certainty Act out of committee, stripping the mining/staking deferral but preserving stablecoin medium-of-exchange relief, wash-sale rules, and a voluntary disclosure program — with practical implications for individual US crypto filers.
The House Ways and Means Committee's crypto tax package retains staking and mining provisions but strips out the reward-deferral election, leaving the tax-on-receipt rule intact and closing the wash-sale loophole.
Breaking: House Ways and Means Committee releases 114-page Digital Asset Tax Certainty Act ahead of Wednesday markup, with major implications for stablecoin holders, stakers, and everyday crypto users
Breaking: House Ways and Means Committee releases crypto tax legislation covering staking treatment and de minimis relief, ahead of a formal hearing.
A long-sought de minimis capital gains exemption for small crypto transactions is moving through a House committee markup, with real implications for everyday US filers.
A 50,000-signature petition triggers legislative review of South Korea's planned 2027 crypto gains tax, but the government is not moving.
Germany's Finance Ministry draft would end the twelve-month tax-free holding rule and impose a flat 25% crypto gains tax from 2028, with a grandfathering cut-off of 1 January 2027.
Breaking policy shift: Germany proposes replacing its holding-period exemption with a flat 25% Abgeltungsteuer on crypto gains from 2027, ending the one-year tax-free rule.
The Rev. Proc. 2024-28 safe harbor window is closing fast, and US crypto holders who haven't completed their basis allocation are already running out of road.
Norway's adoption of CARF from January 2026 means Skatteetaten will receive automatic, systematic data on Norwegian crypto holders directly from exchanges worldwide, sharply raising detection risk for non-filers.
Norway's tax authority reports 81,000 crypto declarations in 2024 and warns that CARF's January 2026 activation means foreign exchange data is now flowing to Skatteetaten, raising the cost of non-disclosure.
The Dutch Belastingdienst's 2025 Concealed Wealth programme results show crypto is now a named enforcement target, with DAC8 data-sharing set to sharpen detection further.
Ireland's Department of Finance has confirmed crypto will be barred from its forthcoming tax-advantaged retail investment accounts, classifying digital assets as "highly complex and risky" alongside derivatives.
HMRC's 2026 CGT statistics release creates a dedicated Table 10 for cryptoasset gains for the first time, signalling intensified visibility and compliance focus on UK crypto holders.
First-ever HMRC cryptoasset CGT statistics reveal a highly concentrated reporting base, raising enforcement and compliance stakes for individual UK filers.
HMRC's first official crypto gains data, combined with CARF coming into force, makes accurate UK crypto tax filing more urgent than ever for individual holders.
HMRC's first dedicated crypto CGT data reveals 240 millionaire filers and £1.38bn in total gains, with CARF set to close reporting gaps from 2027, urging UK holders to act before data-matching begins.
HMRC is auto-enrolling sole traders and landlords (including crypto earners) into MTD for Income Tax from April 2026, and the steps they must take now are urgent and specific.