Tag: reporting
Saxo Bank issues reminder for WLs with delegated end-client EMIR reporting
Multi-asset investment specialist Saxo Bank has issued a reminder to white labels with delegated end-client EMIR reporting.
White labels t [...]
FINRA Embraces Fractional Share Trading, to Overhaul Reporting Standards – Forex Factory
FINRA Embraces Fractional Share Trading, to Overhaul Reporting Standards Forex Factory
www.forexfactory.com [...]
UK Launches Consultation on Implementing OECD Crypto Reporting Framework
The U.K. government believes implementing the reporting framework could draw in 35 million pounds ($45 million) from 2026.
www.coindesk.com [...]
Norfolk Southern Agrees to Try Out Federal Safety Reporting Program
The company, which operated the train that derailed in East Palestine, Ohio, is the first major freight railroad to join a federal program that allows [...]
What the IRS Gets Wrong About DeFi and Crypto in Its Latest Tax Reporting Proposal
The APA requires a reviewing court to set aside agency action that is “arbitrary, capricious, an abuse of discretion, or otherwise not in accordance w [...]
The IRS Should Offer a Free Tax Reporting Tool to DeFi Users
Taxpayers already have many crypto-tax vendors to choose from when compiling information for their tax returns, such as Token Tax, Koinly and Zen Ledg [...]
47 countries pledge to authorize the crypto-asset reporting framework by 2027
Just under 50 national governments have issued a joint pledge to “swiftly transpose” the Crypto-Asset Reporting Framework (CARF), the new internationa [...]
IRS crypto tax reporting rules threat to industry — Coinbase legal chief
Coinbase crypto exchange chief legal officer Paul Grewal called on the crypto community to join the movement against the United States Treasury’s prop [...]
Council of Europe adopts DAC8 crypto tax reporting rule
The eighth iteration of the Directive on Administrative Cooperation (DAC8), a cryptocurrency tax reporting rule, was formally adopted by the Council o [...]
US lawmakers urge IRS to implement crypto tax reporting requirements before 2026
Seven members of the United States Senate have called on the Treasury Department and Internal Revenue Service (IRS) to advance a rule imposing certain [...]
IRS Proposed Rule on Digital Asset Broker Reporting Could Kill Crypto in America
Although the IRS has finally released its proposed rulemaking, it did so nearly two years after the IIJA was passed. If the digital asset ecosystem is [...]
EU parliament votes overwhelmingly in support of DAC8 crypto tax reporting rule
Lawmakers in the European Union parliament voted overwhelmingly in support of the eighth iteration of the Directive on Administrative Cooperation (DAC [...]
Crypto community reacts to Biden’s proposed crypto tax reporting rules
Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States president Joe Biden. On A [...]
IRS releases draft of proposed reporting rules for digital asset brokers
The United States Internal Revenue Service (IRS), the agency responsible for tax collection, released proposed regulations on the sale and exchange of [...]
WTI and Brent Eye a Retracement with Saudi Aramco Reporting Q2 Profits Drop
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