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Taxation
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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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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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UK Chancellor Healey announces tax hikes for banks and savers in Budget
UK Chancellor John Healey announced tax rises for banks and savers in his Budget, which he described as being 'for working people'. However, the scale of his plans was modest compared with recent fisc
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UK Chancellor John Healey will unveil his first Autumn Budget, cutting departmental spending to plug a defense funding gap and planning new taxes on banks and online marketplaces.
UK Chancellor of the Exchequer John Healey will unveil his first Autumn Budget, which will cut departmental spending to fill a defense funding gap and plans to levy new taxes on banks and online marke
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South Korea's ruling party and government have failed for the fourth time to agree on postponing the cryptocurrency tax, which is still set to take effect on January 1 next year.
South Korea's ruling party and government have failed for the fourth time to agree on postponing the cryptocurrency tax, which is still set to take effect on January 1 next year.
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U.K. fiscal discipline is in focus ahead of the Burnham government’s first budget, with potential measures including an increase in the bank corporation tax surcharge, higher taxes on gambling, and changes to property taxes.
U.K. fiscal discipline is in focus ahead of the Burnham government’s first budget, with potential measures including an increase in the bank corporation tax surcharge, higher taxes on gambling, and ch
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South Korea is considering imposing an education tax on cryptocurrency exchanges.
South Korea is considering imposing an education tax on cryptocurrency exchanges.
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France has postponed the vote on its stablecoin tax budget to November 3. The proposal, which aims to end tax deferral on single-currency stablecoin swap gains starting January 1, 2027, still requires further parliamentary votes.
France has postponed the vote on its stablecoin tax budget to November 3. The proposal, which aims to end tax deferral on single-currency stablecoin swap gains starting January 1, 2027, still requires
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President Trump highlights economic achievements in Kansas, including tax relief and job creation
Today, President Donald J. Trump showcased his administration's achievements in Kansas, emphasizing historic tax relief, surging private investment, job creation, stronger rural healthcare, and signif
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France's National Assembly adopts stablecoin swap tax amendment; self-custodial wallet and exit tax proposals under consideration
France's National Assembly adopts stablecoin swap tax amendment; self-custodial wallet and exit tax proposals under consideration
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Rents in an Athens, Greece neighborhood are rising due to an influx of Israeli buyers, sparking discontent among local residents.
Residents of the Exarchia neighborhood in Athens, Greece, are complaining that a surge in property purchases by Israeli investors for short-term rentals has led to soaring rents and eroded the communi
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The French Parliament has narrowly voted to tax crypto-to-stablecoin conversions, with a 2027 budget amendment ending tax deferral from January 1 next year, though it has not yet become law.
The French Parliament has narrowly voted to tax crypto-to-stablecoin conversions, with a 2027 budget amendment ending tax deferral from January 1 next year, though it has not yet become law.
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Donald Trump visited Montana, highlighting the achievements of his "America First" policy in areas such as taxation, employment, and energy.
President Trump traveled to Kalispell, Montana today to review the results of his "America First" policies, including historic tax relief for Montana workers, families, and communities, fostering priv
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President Trump visited Alaska, highlighting his administration's achievements in taxation, energy development, and Arctic security.
The White House announced that President Donald Trump visited Alaska today and reviewed his administration's achievements in tax relief, responsible development of energy and mineral resources, streng
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Haidilao to provide founder Zhang Yong $14.9M loan, fueling China tax speculation ahead of offshore trust deadline
Haidilao International Holding has agreed to provide its founder, Zhang Yong, with a one-month loan of up to the Hong Kong dollar equivalent of 100 million yuan (US$14.9 million), according to a stock
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Indonesian Government's New Tax Policy Draws Criticism from E-commerce Sellers and Large Corporations
The Indonesian government is implementing measures such as e-commerce taxes, influencer taxes, and a planned excise tax on sugary drinks to boost tax revenue and support President Prabowo Subianto's a
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Musk retweeted a post from James Talarico, a Democratic nominee for the U.S. Senate in Texas, who stated: "I don't care where you get your income, and I don't care what taxes you have to raise."
Musk retweeted a post from James Talarico, a Democratic nominee for the U.S. Senate in Texas, who stated: "I don't care where you get your income, and I don't care what taxes you have to raise."
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Treasury's ETF Tax Crackdown Leaves Key Strategies Untouched
Treasury's ETF Tax Crackdown Leaves Key Strategies Untouched
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Greece Plans 15% Crypto Capital Gains Tax with €500 Exemption, Bill to be Submitted in November
Greece Plans 15% Crypto Capital Gains Tax with €500 Exemption, Bill to be Submitted in November
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European Commission considers broad levy on large companies to avoid singling out US digital services groups
The European Commission is considering a broad levy on all large companies, aiming to capture Big Tech while avoiding singling out US digital services groups.
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Trump plans executive actions to lower diesel costs, including Treasury review of taxes and expanding tax-exempt dyed diesel access
According to Politico, President Trump plans executive actions on Monday aimed at reducing diesel prices. These measures include a Treasury review of certain diesel taxes and expanding access to tax-e
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IRS Scrutinizes Tax-Dodge Trades, Impacting ETFs
The U.S. Treasury and IRS are scrutinizing transactions potentially engineered primarily to manufacture tax benefits, raising questions about the implications for ETFs. It remains to be seen how regul
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Hedge fund managers lose a tax avoidance strategy as an appeals court ruling rejects a loophole to circumvent the 3.8% federal self-employment tax.
Hedge fund managers have lost a key strategy for avoiding the 3.8% federal self-employment tax, following an eight-year campaign by the IRS that culminated in a victory at the appeals court. The strat
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US Senate Bill Exempts Stablecoin Spending from Capital Gains, Bitcoin Fees Get Carve-Out
Senator Steve Daines introduced the Aligning Digital Assets with Principles of Taxation (ADAPT) Act on September 30. The bill proposes that eligible dollar-stablecoin purchases of goods and services b
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World Bank Urges Kenya to Cut Power Prices, Stabilize Tax Regime to Attract Private-Sector Investment and Create Jobs
World Bank Urges Kenya to Cut Power Prices, Stabilize Tax Regime to Attract Private-Sector Investment and Create Jobs
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Illinois unveils draft digital asset transaction tax, detailing how a 0.2% rate would apply to stablecoins, DeFi platforms, crypto bridges, and self-custody transfers.
Illinois unveils draft digital asset transaction tax, detailing how a 0.2% rate would apply to stablecoins, DeFi platforms, crypto bridges, and self-custody transfers.
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Taxation
24H Trending
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Samsung Electronics is down 4.44% from its previous close, now trading at ₩231,250.
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Samsung Electronics fell 5.99% from its previous close, now trading at ₩227,500.
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Nikkei Asia: Iranian separatists intensify attacks and seize territory in response to a potential full-scale US assault.
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What is FLOW? An Analysis of the Flow Blockchain Ecosystem and Its Current Status
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China's tech stocks lose luster as STAR 50 Index plunges over 40% from July peak, CATL falls 37% YTD amid AI profit doubts
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LS Cable subsidiary Gaon Cable secures W120b ($90m) US AI data center cable deal
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Report: Hedge Funds Exit Bitcoin ETF Arbitrage Trades, Sovereign Wealth Funds and Retail Investors Step In
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Obama criticizes Trump's Iran war, citing US vulnerability and rising oil prices
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Thailand's Kasikornbank taps AI to expand wealth management customer base
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Iran's Islamic Revolutionary Guard Corps claims to have shot down a US-made MQ-1 drone near the Strait of Hormuz.
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