Netherlands To Amend Controversial 36% Tax On Unrealized Crypto, Stock Gains
Dutch financial authorities have revealed that the reform bill to tax unrealized gains on crypto, stocks, and other investments will be revised following criticism from lawmakers and local investors. Related Reading: Former Chainlink Exec Replaces Michael Selig As SEC’s Crypto Task Force Chief Counsel Dutch Finance Minister To Revise Tax Overhaul On Wednesday, the Minister […]
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If an unrealized capital gains tax is enacted, it could have major ramifications for the economy and create a dangerous precedent.
Anna Eshoo has urged the House to amend the language in the controversial infrastructure bill. A Californian congresswoman has written to Speaker Nancy Pelosi expressing concerns about the controversial new mandate for crypto tax reporting.Anna Eshoo, who represents California's 18th Congressional District, penned a letter to the Democratic party speaker of the United States House of Representatives, Nancy Pelosi, on Aug. 12.In it, she urged Pelosi to amend the cryptocurrency broker definition in the Senate’s controversial infrastructure bill. Eshoo claims that miners, validators, and....
On-chain data shows the Unrealized Loss in the crypto market recently ballooned to $350 billion, with Bitcoin accounting for a significant part of it. Unrealized Loss Has Spiked In The Crypto Sector After Bearish Price Action In a new post on X, on-chain analytics firm Glassnode has shared the data related to the Unrealized Loss […]
U.S. Representative Anna Eshoo has asked House Speaker Nancy Pelosi to amend the crypto provision in the $1.2 trillion infrastructure bill that the Senate passed this week. She urged the House to adopt the bipartisan amendment supported by the Treasury Department that provides a solution. Rep. Eshoo Asks Pelosi to Amend ‘Harmful Language’ on Crypto in Infrastructure Bill Congresswoman Anna Eshoo from California announced Thursday that she is fighting “to fix potentially harmful language on cryptocurrency in bipartisan infrastructure bill.” Eshoo wrote a letter to....
The eccentric billionaire polled his Twitter followers but already had the sale planned due to tax obligations. Tesla CEO Elon Musk has offloaded more than one billion dollars worth of shares according to recent financial filings. Filings submitted on Nov. 11 to the Securities and Exchange Commission confirm the sale of more than 934,000 Tesla shares worth around $1.1 billion.Musk sold the shares at an average price of around $1,170, locking in almost 180% in gains in prices over the past year. It is just the third time Musk has sold company stock since Tesla went public on the Nasdaq in....