The European Union’s Crypto Tax Plans Embrace Non-Fungible Tokens, Overseas Firms, Draft Textual content Reveals

by Jeremy

The invoice, dated Might 5, intently matches proposals made by the European Fee in December 2022, as a part of a bid to cease EU residents stashing crypto overseas to cover it from the taxman. The fee must arrange a register of crypto asset operators’ by December 2025, bringing ahead a earlier deadline by one yr, and the principles will apply as of Jan. 1, 2026.

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