reporting

Security Laws Are Not Ready For The Digital Era4

OECD introduces tax reporting framework for crypto industry

0xMain
June 10, 2023

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The Organization for Economic Cooperation and Development (OECD) has introduced a new tax framework specifically designed for crypto. OECD unveiled its Crypto-Asset Reporting Framework (CARF) at the end of a two-day ministerial-level meeting of its council held between June 7 and 8. Our...

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MicroStrategy endorses ‘fair value model’ proposal for reporting crypto holdings

0xMain
May 22, 2023

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MicroStrategy, the largest public holder of bitcoin, has joined the growing list of supporters backing proposed rule changes by the financial accounting standards board (FASB), which seeks to eliminate impairment charges for companies holding cryptocurrencies. As of March 31, MicroStrategy held approximately 140,000...