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Taxation
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The UK’s HM Revenue & Customs has classified cryptocurrency lending and liquidity pools as “no-gain, no-loss” transactions
Svmuu News: The UK’s HM Revenue & Customs has classified cryptocurrency lending and liquidity pools as “no-gain, no-loss” transactions, thereby deferring capital gains tax until the assets are actuall
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Kalshi and others predict that prediction markets will face legal challenges in several U.S. states, with North Carolina moving closer to imposing a tax
Svmuu News: The prediction market industry, represented by Kalshi, is facing legal disputes in multiple U.S. states and is arguing in a series of hearings this week that state regulators should not ha
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A petition calling for the repeal of South Korea’s crypto tax has garnered more than 58,000 signatures and will be submitted to the National Assembly for review
Svmuu News: A South Korean national petition to “abolish taxes on virtual assets (cryptocurrency)” has garnered 58,571 signatures. According to South Korea’s National Assembly Act, the petition will b
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Illinois is set to become the first state in the U.S. to impose a tax on digital asset transactions, with the tax expected to take effect in 2027.
Svmuu News: Illinois has become the first state in the U.S. to tax digital asset transactions. SB 3019, signed into law by Governor J.B. Pritzker, includes the Digital Asset Tax Act, which imposes a 0
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India Tightens Crypto Tax Requirements for the 2026 Tax Year: Enhanced VDA Transaction-by-Transaction Reporting Makes Compliance and Data Integrity Critical
Svmuu News: India’s 2026 tax filing season imposes stricter compliance requirements on crypto investors. Although there have been no drastic changes to the tax framework, enforcement has been signific
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Japan plans to lower the tax rate on cryptocurrency to 20% in 2028 and tighten market regulation to attract institutional investors
Svmuu reports that Japan is pushing to align its cryptocurrency regulatory framework closer to that of stocks, planning to set the cryptocurrency tax rate at 20% by 2028 while implementing stricter ma
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A US senator plans to introduce a bill to establish an AI sovereign wealth fund, proposing to levy a one-time 50% equity tax on the largest US AI companies
Svmuu reports that US Senator Bernie Sanders plans to introduce the "American AI Sovereign Wealth Fund Act," which proposes to levy a one-time 50% equity tax on the largest AI companies in the United
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EU assesses crypto taxation plan, potentially contributing €28 billion in revenue over seven-year budget cycle
Svmuureports that the European Commission is evaluating a unified tax proposal targeting crypto enterprises, the online gambling industry, and large digital platforms to generate new fiscal revenue fo
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The U.S. Social Security program faces a funding shortfall within six years, with bipartisan attention on taxing high-income earners to cover the deficit.
The U.S. Social Security program is projected to face a funding shortfall in Q4 2032, potentially unable to pay full retirement benefits on time. To address this, proposals to tax high-income earners
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U.S. President Signs Four Congressional Bills into Law, Including Measures on Spending Transparency and Disaster Tax Relief
On Friday, September 11, 2026, the President signed H.R. 1276, H.R. 2069, H.R. 2196, and H.R. 5366 into law. H.R. 2069, known as the “Stop Secret Spending Act of 2025,” expands Federal spending transp
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According to Tax Alpha Insider data, wealthy investors are flocking to "Tax-Advantaged Long-Short Strategies" (TALS), with total assets surging to over $170 billion.
The strategy, designed to track stock indices while generating losses to offset capital gains taxes, has surged from $2 billion in 2022 to its current level. However, tax lawyers and investment expert
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UK Super Rich Are Being Lured Away by Europe’s New Wealth Hubs, Seeking More Tax-Friendly Jurisdictions
UK Super Rich Are Being Lured Away by Europe’s New Wealth Hubs, Seeking More Tax-Friendly Jurisdictions
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Germany Moves to Tax Bitcoin Like Stocks, Ending Tax-Free Gains After 12 Months for Crypto Acquired Post-2026
A draft bill from the German Federal Ministry of Finance proposes that gains on cryptocurrencies acquired after December 31, 2026, will be taxable regardless of the holding period, subject to a flat 2
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Millennium Management to open office in Greece after government launched tax scheme for hedge fund executives
Millennium Management, the hedge fund founded by billionaire Israel Englander, is set to open an office in Greece. This move comes after the Greek government launched a tax scheme this summer specific
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MAS: Major Banks Have Not Observed Significant Impact of China's Offshore Trust Tax on Singapore's Wealth Management Industry
The Monetary Authority of Singapore (MAS), in response to a parliamentary query, stated that major banks have not observed a significant impact from China's offshore trust tax rules on Singapore's wea
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Standard Chartered Plans to "Double Down" on Greater China Wealth Opportunities, Despite Beijing's Enhanced Tax Enforcement on Cross-Border Investments
Judy Hsu Chung-wei, Standard Chartered's CEO of Wealth and Retail Banking, said last week that the bank plans to increase investment and hiring in wealth centers in Hong Kong, mainland China, and Taiw
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US Retirees With Average $2,081 Social Security Check Need Just $12,514 in Other Income Before IRS Starts Taxing Benefits, Threshold Unchanged Since 1984
The taxation threshold for Social Security benefits, set at $25,000 for single filers since 1984, means an average retiree receiving $2,081 monthly benefits only needs an additional $12,514 in outside
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Malaysia's Johor Regent TMJ's Plan to Sell Singapore Land Faces Over $1 Billion Tax Bill
Malaysia's Johor Regent TMJ's Plan to Sell Singapore Land Faces Over $1 Billion Tax Bill
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Japanese government ministries are seeking a series of tax breaks aimed at encouraging individuals to purchase government bonds and prompting companies to raise employee wages, as part of the fiscal year 2027 tax reform.
Meanwhile, efforts to improve national finances by eliminating ineffective tax breaks have made little progress.
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Analysis: Holding Main Street Capital (MAIN) in a Roth IRA can eliminate up to $32,000 in federal tax on $100,000 distributions for high-bracket investors, compared to taxable accounts
For a 32% federal tax bracket investor, holding the business development company (BDC) Main Street Capital (MAIN) in a taxable account could result in $32,000 in federal tax on $100,000 of distributio
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U.S. Treasury and IRS propose rules to restrict refundable tax credits for certain immigrants, potentially impacting millions
The proposed rules would classify the refundable portions of the adoption tax credit, child tax credit, American Opportunity tax credit, and earned income tax credit as "federal public benefits." This
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JPMorgan CEO Jamie Dimon warns UK Chancellor John Healey that tougher bank taxes could harm jobs and investment
Dimon reportedly told Healey that heavier taxation could push employment to other locations, citing a fall in finance jobs in New York partly linked to the city's tax burden. He indicated that a windf
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Upbit reminds users to be vigilant against virtual asset tax phishing emails impersonating the Korea National Tax Service
Upbit reminds users to be vigilant against virtual asset tax phishing emails impersonating the Korea National Tax Service
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U.S. Senator Bernie Sanders has introduced a Social Security reform plan that could increase beneficiaries' annual benefits by $2,400.
U.S. Senator Bernie Sanders has introduced a Social Security reform plan aimed at preventing the Social Security trust fund from being depleted in 2032 by extending the payroll tax to earnings over $2
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Advance Payments for Future Services Can Trigger Social Security Withholding Early, Affecting Seasonal Workers' Benefits
Under cash-method accounting, nonrefundable deposits collected in one year for services to be performed the next can be counted as income for the collection year. This can lead to Social Security with
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Net Unrealized Appreciation (NUA) Rule Could Save Retirees Up to $65,000 on 401(k) Employer Stock
The Net Unrealized Appreciation (NUA) tax rule allows the appreciation of employer stock held within 401(k) plans to be taxed at long-term capital gains rates upon distribution, rather than as ordinar
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Maine's pension deduction is reduced dollar-for-dollar by Social Security received, potentially increasing state tax on other retirement income.
While Maine exempts Social Security benefits from state income tax, its pension income deduction, capped at $49,824 per person for 2026, is directly offset by the amount of Social Security benefits re
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Nigeria Tightens Rules on Virtual Assets to Boost Tax Revenue
The move aims to crack down on tax evasion and boost revenue from one of the world’s largest crypto markets.
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U.S. Social Security benefits taxation threshold of $32,000 has remained unchanged since 1984, projected to result in 56% of beneficiaries paying taxes
The threshold, set at $32,000 for married couples and $25,000 for single filers, has not been adjusted for inflation since its implementation. Consumer prices have tripled since 1984, and rising nomin
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South Korea's Deputy Prime Minister Confirms Plans to Tax Cryptocurrency Gains Starting January 1, 2027
South Korean Deputy Prime Minister Koo Yun-cheol confirmed to lawmakers that South Korea plans to tax cryptocurrency gains starting January 1, 2027. Under the plan, the portion of annual cryptocurrenc
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Moving from California to Nevada Can Save Six Figures on 401(k) RMD State Taxes, But Federal Costs Remain
A case study reveals that relocating from California to Nevada can save retirees with a $2.1 million IRA six figures in state income tax over 20 years on Required Minimum Distributions (RMDs). This is
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Japan's House of Councillors Passes Amendment to the Financial Instruments and Exchange Act; Crypto Assets Officially Classified as Financial Instruments
Svmuu News: On July 15, the Japanese Senate plenary session passed and enacted the “Partial Amendment to the Financial Instruments and Exchange Act and the Funds Settlement Act,” reclassifying crypto
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Taxation
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Aethir (ATH) Token Value Analysis: Decentralized Cloud Computing Project Potential and Risk Assessment
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JST (JUST) price surged to $0.11326, hitting a new 365-day high.
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What is WKAI? Wrapped KardiaChain (WKAI) Project Analysis and Risk Warning
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