#CryptoTax

UAE Abolishes VAT on Cryptocurrencies: A Major Step Toward Mass Adoption

In the United Arab Emirates (UAE), cryptocurrency transfers and conversions are now exempt from VAT, marking a significant move toward embracing digital assets. The UAE Federal Tax Authority (FTA) recently announced amendments to its regulations under Cabinet Decision No. (100) of 2024. Notably, the law update is applied retroactively, covering activities from January 1, 2018.…

By Andrej Kovacevic 8th October 2024

Top 4 Crypto Tax Software for July 2024

If you engage in cryptocurrency transactions that result in sales or earnings throughout the year, you’ll likely need to include this income in your tax filings. Navigating taxes can be daunting, but specialized crypto tax software can alleviate much of the complexity. In this guide, we highlight some of the best crypto tax software available.…

By Andrej Kovacevic 3rd July 2024

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