capital gains tax

Mark Cuban responded to posts criticizing Vice President Kamala Harris and defended her policies over those of former President Donald Trump over X. What Happened: On Wednesday, X user Andy Swan accused Harris of wanting to confiscate equity from successful startups through an “unrealized...

A former senator from North Dakota, Heidi Heitkamp, expressed skepticism on the Joe Biden-led administration’s proposed 44% capital gains tax, stating it has no chance of passing. What Happened: President Biden’s proposal to increase the capital gains rate to 44.6% in the Fiscal Year...

Japan's National Tax Agency stated that cryptocurrency issuers in the country will not be required to pay capital gains taxes on unrealized gains. This follows the approval of a proposal last December by the tax committee of the ruling Liberal Democratic Party (LDP) to exempt crypto startups...

Non-fungible tokens (NFTs) may be taxed on par with other collectibles, such as fine wine or works of art, according to a recent document published by the U.S. Internal Revenue Service. This move could impact taxpayers who have included NFTs in their retirement plans. The proposed guidance is...

Taxpayers in the United Kingdom will be required to report their cryptocurrency holdings on their tax returns, according to a recent announcement made by Chancellor of the Exchequer Jeremy Hunt. This new requirement is expected to generate an additional 10 million British pounds ($12 million)...

The SPDR S&P 500 ETF Trust (NYSE: SPY) has generated a 78.1% total return since the stock market bottomed on March 23, 2020. Investors who bought the dip are now sitting on some big gains, and the one-year anniversary of the shortest bear market in history could generate some selling pressure...