Netherlands Considers Crypto Tax Reporting Bill, Seeks Stakeholder Views
The Netherlands is seeking input from stakeholders before presenting a bill on crypto tax reporting to the House of Representatives in the first half of 2025. The bill aims to increase transparency and prevent tax avoidance and evasion, according to Folkert Idsinga, State Secretary for Taxation and Tax Authorities. The country has launched a consultation on the proposed bill, which would require crypto services to share user data with tax authorities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Peanut the Squirrel Token Sparks Controversy After Owner Launches Justice Coin
Will Bitcoin’s Correction Continue or is it a Good Time to Buy?
US stocks head into holiday week with history on their side
Let’s take a look at how US equities typically perform this time of year and what we might see in the coming days
Cardano implements first ZK smart contract
Share link:In this post: Cardano has deployed its first zero-knowledge smart contract on the mainnet through the use of the Halo 2 zkSNARKs. The technology allows for secure and private verification of computations with the help of the network without disclosing sensitive information. ADA recently crossed the $1 level and went as high as $1.15 before a 17% drop.