1/ The European Parliament voted in favor of #DAC8, a #cryptocurrency tax reporting rule, that has cleared the last hurdle for i
14 Sep 2023, 17:42
1/ The European Parliament voted in favor of #DAC8, a #cryptocurrency tax reporting rule, that has cleared the last hurdle for implementation. 🗳️
Member states have until Dec. 31, 2025, to adopt the rule, which goes live on Jan. 1, 2026.
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1Shyft NetworkSHFT #813
14 Sep 2023, 17:42
2/ DAC8 aims to give #EU tax authorities the ability to track all #cryptotransactions, stemming from the earlier #MiCA legislation. 📑
Critics argue it overlaps with existing rules and may lead to duplicate reporting.
Now, will the crypto tracking infringe on user privacy 👀
2/ DAC8 aims to give #EU tax authorities the ability to track all #cryptotransactions, stemming from the earlier #MiCA legislati
2/ DAC8 aims to give #EU tax authorities the ability to track all #cryptotransactions, stemming from the earlier #MiCA legislation. 📑
Critics argue it overlaps with existing rules and may lead to duplicate reporting.
Now, will the crypto tracking infringe on user privacy 👀