Some worry sharing information about foreign crypto holdings is unjustified snooping – but lawmakers also reckon blockchain technology could aid tax collection. （Coindesk news）
After controversial laws to restrict privacy in crypto transactions, and even flirting with banning bitcoin altogether, the European Parliament is now considering what blockchain technologies could mean for taxes.
On April 25, lawmakers will discuss how to tighten up tax laws and procedures for the Web 3 era – and a draft report prepared by Portuguese member of the European Parliament Lídia Pereira suggests national tax authorities could start swapping data on individuals’ crypto-asset holdings.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments