Tax Agency Starts Checking Crypto Traders in Romania
Authorities in Romania are going after investors who failed to report revenues from crypto trading and pay tax. The offensive is part of efforts to respond to financial trends, the country’s tax body said in a statement, unveiling it was able to identify almost €50 million of undeclared crypto gains. Tax Authority in Romania Verifies Gains From Cryptocurrency Trading Romania’s National Agency for Fiscal Administration (ANAF) announced this week that officials from its department responsible for prevention of tax evasion and fraud have initiated inspections....
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The Argentinian Tax Agency (AFIP) is watching the movements of cryptocurrency traders and holders, to tighten its control over their transactions. The institution is now sending emails to Argentinian citizens asking for a series of data regarding supposed cryptocurrency operations made in their names. The agency requires the public keys of the citizen and a list of transactions made during a certain time period.
Argentinian Tax Agency to Scrutinize Crypto Users
The AFIP, the Argentinian tax watchdog, has decided to take the battle against cryptocurrency tax evasion directly to....
Chile’s Free Competition Defense Court (TDLC) ruled in favor of the Latin American cryptocurrency exchange Bud after their checking accounts were closed by two major banks in the midst of a lawsuit related to a Ponzi scheme unrelated to the exchange. Chilean Court Rejected Petitions From Two Banks to Keep Checking Accounts Closed From Crypto Exchange Buda According to Diario Financiero, the TDLC decided that Banco Itaú and BancoEstado should keep open Buda’s bank accounts, which were shut down in 2018 during an investigation of a bogus company named Terra Finance that....
The Bitcoin Foundation has announced their latest chapter affiliate in Romania, the first in Eastern Europe. Bitcoin Foundation Romania, or Fundatia Bitcoin Romania, isn't the first Chapter Affiliate in Europe as a whole, however. It's actually the fourth, joining Denmark, Germany, and the Netherlands. The task: educate the public on the benefits of bitcoin, and help spread adoption in the digital currency among merchants - many of whom are paying exorbitant fees to credit card processors. "I believe that Bitcoin is at point where everyone who believes in it - be it the currency or....
An important education platform has been born in Eastern Europe, a new online resource that invites Romania to document daily on the digital currency Bitcoin, as well as other cryptocurrencies. crypto.ro was launched in order to provide analysis, current news, legislative information about the new electronic payment system and about decentralized digital currencies that can […]