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Home » NFT tax

MetaMask logo
NFT News

Rumors Running Wild: Is MetaMask Charging Tax?

By Emily NealeMay 22, 20230

Actually, no, MetaMask is not charging tax. ConsenSys, the parent company behind MetaMask, has clarified that the rumors about collecting…

NFT News

NFT and Crypto Tax Proposal Progresses in the EU

By VineetMay 11, 20230

NFTs & Taxes giving you headaches? We’ve got some news for you! In a bold move to combat tax-related criminal…

NFT News

Kenya Considers Introducing an NFT Tax

By Mattis MeichlerMay 5, 20230

Kenya is proposing a 3% tax on cryptocurrency transactions and NFT transfers. A recent bill also suggests taxing online influencers.…

NFT News

IRS Seeks Public Opinion on NFT Tax

By Mattis MeichlerMarch 27, 20230

The United States Internal Revenue Service (IRS) has announced its intention to tax NFTs at a higher rate than currently…

NFT News

Japan Updates its NFT Taxation Guidelines

By AdeleJanuary 17, 20230

Japan’s National Tax Agency (NTA) updated its official NFT taxation guidelines. For example, NTA will calculate the total income of…

NFT News

Russia Moves Towards Regulating NFTs and Digital Assets

By energiiNovember 10, 20220

Russia’s Central Bank is considering new detailed rules and regulations for taxing NFTs and trading digital securities. They released a…

NFT News

US States Washington and Pennsylvania Introduce a Tax On NFTs

By AdeleSeptember 21, 20220

Washington and Pennsylvania are the first American states to tax NFT sales. State officials made the decision at the beginning…

otherside land
Metaverse

As Otherside Land Value Drops, Yuga Labs Faces Giant Tax Obligation

By Ross WardropJune 12, 20220

Due to the clear value drops in Otherside land, Yuga Labs will now be subject to a giant tax obligation…

Several cryptocurrency coins
NFT News

Singapore To Introduce An Income Tax On NFT Transactions

By Reethu RaviMarch 14, 20220

Singapore is the latest country to announce a tax on income derived from NFT transactions. On March 11, Singaporean Finance…

UK Government DeFi Regulation Drops 2 Days After The Tax Deadline
NFT News

UK Government DeFi Regulation Drops 2 Days After The Tax Deadline

By YoloFebruary 14, 20220

Two days after the tax deadline, on the 2nd of February, HMRC published new DeFi tax guidance. If the guidance…

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