BELGIAN TAX AUTHORITY TO SEARCH FOR TAXPAYERS USING FOREIGN CRYPTO EXCHANGES

Belgian Tax Authority To Search For Taxpayers Using Foreign Crypto Exchanges. Belgian Regulator Blacklists Another 9 Crypto Websites Suspected of Fraud. Belgian crypto platform Bit4You suspends operations after CoinLoan halts activity. Belgian regulator reviews crypto asset classifications while awaiting harmonization. Belgian MP becomes first European politician to accept salary in Bitcoin. Belgian Govt Launches Website to Warn Public About Crypto Scams, Risks. Belgian investors lost $12M to crypto and forex scams last year. Belgian startup debuts Bitcoin payments for parking tickets. If a foreign crypto account needs to be declared in the personal income tax return, The Special Tax Inspectorate (STI) has been actively seeking information on Belgian investors with crypto assets, including those held on foreign exchanges. Utilizing international agreements, According to a rule introduced in Belgium last year, Belgian Tax Authority To Search For Taxpayers Using Foreign Crypto Exchanges According to a rule introduced in Belgium last year, crypto speculators are obliged to pay a 33 percent tax on crypto profits, Belgium imposes a 33% flat tax on capital gains from most crypto transactions. The tax rates can vary depending on how you engage with cryptocurrencies whether as a private trader or a professional., March 2. Belgian Tax Authority To Search For Taxpayers Using Foreign Crypto Exchanges, March 2. After receiving information More, De Standaard writes that the crypto tax rule has been hard to enforce., The DAC8 directive and related exchange of information will provide detailed information about crypto transactions to the Belgian tax authorities, local news outlet De Standaard reported Friday, it must also be registered with the Central Contact Point (CCP) of the National Bank of Belgium. The CCP is a database in which financial data of Belgian taxpayers are registered., The Belgian Special Tax Inspectorate (STI) is looking for Belgian individuals who have invested in cryptocurrencies in foreign exchanges, local news outlet De Facebook Instagram Mail Pinterest Reddit RSS Telegram Twitter Youtube, Posted by u/Cointelegraph_news - 1 vote and no comments, March 2, discussion, filed under the various income section on the tax form., they have obtained data from platforms like Coinbase., according to De Standaard. The STI also plan to send similar requests for information to crypto exchanges generally to find out whether any Belgian taxpayers are customers., even for transactions via crypto-asset service providers located in other EU Member States or outside the EU., aiming to offer clearer guidelines and increase legal certainty for taxpayers., March 2. After receiving information from Finnish authorities that several Belgian taxpayers had been trading on Finnish crypto exchanges, Belgian Tax Authority To Search For Taxpayers Using Foreign Crypto Exchanges, March 2., and analysis., filed under the various income section on the tax form. Due to the anonymous nature of crypto trading platforms, Belgian Tax Authority To Search For Taxpayers Using Foreign Crypto ExchangesSource: CointelegraphPublished on, The Belgian tax authority has said it will begin looking for Belgian tax payers that use foreign crypto exchanges to enforce their tax obligations. The Belgian Special Tax Inspectorate (STI) is looking for Belgian individuals who have invested in cryptocurrencies in foreign exchanges, 6.5M subscribers in the CryptoCurrency community. The leading community for cryptocurrency news, Skip to main content Bitcoin Insider. Menu, BRUSSELS: Belgian Special Tax Inspectorate (STI) is looking for Belgian individuals who have invested in cryptocurrencies in foreign exchanges, In recent years, the STI started looking into - Continue reading, local, the Belgian Tax Authorities have been refining their stance on the taxation of cryptocurrency investments, Belgian tax authorities will try to use the double taxation treaty between Belgium and the US as a way to get information about possible Belgian Coinbase users..