European Commission Calls on 12 Countries to Implement Crypto Tax Rules

EU Issues Crypto Tax Warnings to 12 States

EU mandates crypto tax compliance warnings to 12 states, affecting crypto-asset reporting.

EU slaps 12 states with crypto tax compliance warnings

The European Commission has warned 12 European Union member states for failing to fully implement new EU rules requiring the reporting of crypto-related tax information.  The move reflects the European Union’s increased determination to tighten oversight of digital assets and ensure crypto activity does not evade tax authorities.  In its January infringements package released on Friday, the Commission said it will send letters of formal notice t…

European Commission Urges 12 Countries to Adopt Crypto Tax Rules

The European Commission has stepped up enforcement of its crypto tax rules, instructing 12 EU member states to close gaps in implementing the bloc’s tax reporting framework for digital assets. In a January infringements package, the Commission named Belgium, Bulgaria, Czechia, Estonia, Greece, Spain, Cyprus, Luxembourg, Malta, the Netherlands, Poland and Portugal as needing to send formal notices to ensure full compliance with the EU’s new crypt…

European Commission Calls on 12 Countries to Implement Crypto Tax Rules

Member states under the European Commission are required to have crypto asset service providers provide certain user and transaction data.