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📣 President Trump imposes a 100% tax on films produced overseas, calls for 'Make Movies in America'
Trump announced he would impose a 100% tax on all films produced overseas but imported into the U.S., including Hollywood films shot outside the territory. He believes the American film industry is being 'devastated' by incentives from abroad, and this is a 'national security threat' due to the risk of propaganda. He is committed to bringing film production 'back to America'.
#Donaldtrump #tax
Trump announced he would impose a 100% tax on all films produced overseas but imported into the U.S., including Hollywood films shot outside the territory. He believes the American film industry is being 'devastated' by incentives from abroad, and this is a 'national security threat' due to the risk of propaganda. He is committed to bringing film production 'back to America'.
#Donaldtrump #tax
🚨🇺🇸 NEW BILL TARGETS PUERTO RICO'S CRYPTO TAX LOOPHOLE
🔹Rep. Nydia Velázquez (D-NY) introduces the Fair Taxation of Digital Assets in Puerto Rico Act
🔹Would end federal tax exemptions for crypto staking, mining & trading income on the island
🔹Current law lets U.S. investors avoid federal taxes by residing in Puerto Rico for 6+ months
🔹Estimated $4.5B in lost revenue (2020–2026) due to crypto-related tax breaks
🔹Velázquez: “It’s about fairness… you should be paying your share — no matter your zip code”
🔹Follows her 2024 UPROAR Act targeting broader tax loopholes for wealthy mainlanders
#CryptoTax #PuertoRico #DigitalAssets #CryptoRegulation #Congress
-The Block$ETH $BTC
🔹Rep. Nydia Velázquez (D-NY) introduces the Fair Taxation of Digital Assets in Puerto Rico Act
🔹Would end federal tax exemptions for crypto staking, mining & trading income on the island
🔹Current law lets U.S. investors avoid federal taxes by residing in Puerto Rico for 6+ months
🔹Estimated $4.5B in lost revenue (2020–2026) due to crypto-related tax breaks
🔹Velázquez: “It’s about fairness… you should be paying your share — no matter your zip code”
🔹Follows her 2024 UPROAR Act targeting broader tax loopholes for wealthy mainlanders
#CryptoTax #PuertoRico #DigitalAssets #CryptoRegulation #Congress
-The Block$ETH $BTC
How Crypto Taxes Are Shaping the Future of Innovation: A Look at USA, India, and the Trump Factor
Post:
In 2025, the intersection of crypto and taxation is hotter than ever. As Bitcoin and altcoins continue their mainstream adoption, governments across the world are racing to regulate — and tax — digital assets.
In the USA, the crypto landscape could shift significantly with Trump back in the political conversation. His latest statements hint at a "pro-crypto, pro-innovation" agenda, possibly easing regulatory pressure. Many crypto investors hope a Trump administration would lower capital gains taxes on crypto, fueling another bull run.
Meanwhile, India is taking a different path — enforcing a 30% flat tax on crypto profits and tightening KYC rules. Despite heavy taxation, India remains one of the fastest-growing crypto markets globally, showing that innovation often finds a way, no matter the hurdles.
But here's the real question:
Is heavy taxation killing innovation, or making crypto stronger and more resilient?
With new Bitcoin ETFs in the USA, growing Web3 startups in India, and political shifts on the horizon, the next 12 months could redefine crypto's global future.
My take:
Smart regulation is essential, but over-taxation could push innovation offshore. Let's hope governments realize that supporting crypto isn't just about tax revenue — it's about building the future.
What do you think? Should crypto taxes be lowered to boost innovation?
#Crypto #Tax #TrumptaxCuts #India #Bitcoin #BinanceWriteToEarn
Post:
In 2025, the intersection of crypto and taxation is hotter than ever. As Bitcoin and altcoins continue their mainstream adoption, governments across the world are racing to regulate — and tax — digital assets.
In the USA, the crypto landscape could shift significantly with Trump back in the political conversation. His latest statements hint at a "pro-crypto, pro-innovation" agenda, possibly easing regulatory pressure. Many crypto investors hope a Trump administration would lower capital gains taxes on crypto, fueling another bull run.
Meanwhile, India is taking a different path — enforcing a 30% flat tax on crypto profits and tightening KYC rules. Despite heavy taxation, India remains one of the fastest-growing crypto markets globally, showing that innovation often finds a way, no matter the hurdles.
But here's the real question:
Is heavy taxation killing innovation, or making crypto stronger and more resilient?
With new Bitcoin ETFs in the USA, growing Web3 startups in India, and political shifts on the horizon, the next 12 months could redefine crypto's global future.
My take:
Smart regulation is essential, but over-taxation could push innovation offshore. Let's hope governments realize that supporting crypto isn't just about tax revenue — it's about building the future.
What do you think? Should crypto taxes be lowered to boost innovation?
#Crypto #Tax #TrumptaxCuts #India #Bitcoin #BinanceWriteToEarn
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📖 China Considers Exempting Tariffs on Some U.S. Goods
Reuters reported on April 25 that China is considering a 125% import tariff exemption on certain U.S. products to alleviate cost pressures and avoid supply chain disruptions.
The Ministry of Commerce of China has requested businesses to propose a list of essential products that should be exempted, including vaccines, chemicals, and aviation fuel. Beijing is also considering exempting tariffs on 8 items related to semiconductors.
This move comes after the U.S. exempted tariffs on many technology items from China, although it still maintains strict controls on electronics for national security reasons. Trade tensions between the two largest economies in the world continue to escalate.
#DonaldTrump #china #tax
Reuters reported on April 25 that China is considering a 125% import tariff exemption on certain U.S. products to alleviate cost pressures and avoid supply chain disruptions.
The Ministry of Commerce of China has requested businesses to propose a list of essential products that should be exempted, including vaccines, chemicals, and aviation fuel. Beijing is also considering exempting tariffs on 8 items related to semiconductors.
This move comes after the U.S. exempted tariffs on many technology items from China, although it still maintains strict controls on electronics for national security reasons. Trade tensions between the two largest economies in the world continue to escalate.
#DonaldTrump #china #tax
TonAttack: P2E & PvP card game on $TON chain
#TonAttack is a standout project on The Open Network (TON), heralding a new era where gaming and blockchain technology converge:
TonAttack is not just another game is an ecosystem where players can own, trade, and utilize NFTs in ways that enhance gameplay. Whether it's through strategic battles or collecting unique digital assets, the integration of NFTs offers true ownership and potential value appreciation over time!
Built on TON's blockchain, TonAttack benefits from one of the most scalable infrastructures in the crypto space!
TonAttack is committed to community engagement, regularly updating its followers with development progress, upcoming features, and special editions like holiday-themed NFTs! This transparency and interaction not only builds a loyal community but also ensures the game evolves in a direction that its players want!
Introducing #TAX as its ticker, TonAttack is set to introduce a unique economic model within its game! This could involve gameplay rewards, staking opportunities, or even a marketplace for trading in-game assets, all underpinned by the TON blockchain's capabilities!
Summary of Ton Attack Unique Card Game:
Concept: A card game focusing on integrating numerous meme coins from the Ton Ecco ecosystem.Utility: Cards serve dual purposes: gameplay and marketing/advertising.Game Modes:Mini App Game:Free to Play: Offers solo play or with friends; winners receive airdrops from sponsors.Pay to Play: Players can compete for a pot, with revenue shared among TAX holders.Revenue Distribution: Revenue from the game (pay-to-play fees, advertising) is redistributed to TAX holders through staking.Physical Products:Game Packs: Physical card games for home play, introducing new people to the meme crypto space.Collectible NFT Cards: Blind packs with NFTs that offer royalty payments.Development Phases:Current: Completion of Season 1 meme cards, nearing completion of the mini-app game.Future Projects:Season 2 Meme Cards and an Influencers Card Pack.A 3D trailer leading to a final PC game that will include tournaments using these cards and NFTs.An online store selling various collectibles, using TAX as currency.Innovation: An image-generating bot for custom card creation, charging for this service.Meme Coin Integration: Launching new meme coins within the game ecosystem, starting with a 3D version.
#mememcoinseason2024 #MemeWatch2024
TonAttack is not just another game is an ecosystem where players can own, trade, and utilize NFTs in ways that enhance gameplay. Whether it's through strategic battles or collecting unique digital assets, the integration of NFTs offers true ownership and potential value appreciation over time!
Built on TON's blockchain, TonAttack benefits from one of the most scalable infrastructures in the crypto space!
TonAttack is committed to community engagement, regularly updating its followers with development progress, upcoming features, and special editions like holiday-themed NFTs! This transparency and interaction not only builds a loyal community but also ensures the game evolves in a direction that its players want!
Introducing #TAX as its ticker, TonAttack is set to introduce a unique economic model within its game! This could involve gameplay rewards, staking opportunities, or even a marketplace for trading in-game assets, all underpinned by the TON blockchain's capabilities!
Summary of Ton Attack Unique Card Game:
Concept: A card game focusing on integrating numerous meme coins from the Ton Ecco ecosystem.Utility: Cards serve dual purposes: gameplay and marketing/advertising.Game Modes:Mini App Game:Free to Play: Offers solo play or with friends; winners receive airdrops from sponsors.Pay to Play: Players can compete for a pot, with revenue shared among TAX holders.Revenue Distribution: Revenue from the game (pay-to-play fees, advertising) is redistributed to TAX holders through staking.Physical Products:Game Packs: Physical card games for home play, introducing new people to the meme crypto space.Collectible NFT Cards: Blind packs with NFTs that offer royalty payments.Development Phases:Current: Completion of Season 1 meme cards, nearing completion of the mini-app game.Future Projects:Season 2 Meme Cards and an Influencers Card Pack.A 3D trailer leading to a final PC game that will include tournaments using these cards and NFTs.An online store selling various collectibles, using TAX as currency.Innovation: An image-generating bot for custom card creation, charging for this service.Meme Coin Integration: Launching new meme coins within the game ecosystem, starting with a 3D version.
#mememcoinseason2024 #MemeWatch2024
🚨FM #NirmalaSitharaman applauds #Indian 🇮🇳 Retail Investors as they are keeping market upbeat after #FII pull out from Indian market.💰
Maybe it’s time for some #tax cuts for investors FM.
Maybe it’s time for some #tax cuts for investors FM.
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The Japanese government is planning to reduce the maximum tax rate on crypto from 55% to 20%. The change is aimed at addressing investor concerns and simplifying the taxation of digital currencies in Japan.
“Regarding the tax treatment of cryptocurrency transactions, it should be treated as a financial asset that can be an investment target for the public,” the Japanese government wrote in its announcement.
#tax #news_update #newsdaily $BTC
“Regarding the tax treatment of cryptocurrency transactions, it should be treated as a financial asset that can be an investment target for the public,” the Japanese government wrote in its announcement.
#tax #news_update #newsdaily $BTC
$SOL - The Rapid Riser at $151.01 !
Trading volume on decentralized exchanges (DEXes) within the Solana (SOL) blockchain has surged, exceeding $2 billion for four consecutive days, reaching a record-breaking $2.85 billion on March 5, marking a remarkable 153% increase over the past week.
$XRP getting back in game at $ 0.6903 as well which is a 10.22% increase from the previous mark.
These surges will keep on going, but to keep a track on your returns and calculate your taxes on your gains is definitely something to keep an eye on for sure in the tax season.
To Calculate your taxes today, check our website.
https://kryptos.io/
Let us know about your views below.
#CryptocurrencyAnalysis #tax #HOTTRENDS
#ripple #SolanaSurges
Trading volume on decentralized exchanges (DEXes) within the Solana (SOL) blockchain has surged, exceeding $2 billion for four consecutive days, reaching a record-breaking $2.85 billion on March 5, marking a remarkable 153% increase over the past week.
$XRP getting back in game at $ 0.6903 as well which is a 10.22% increase from the previous mark.
These surges will keep on going, but to keep a track on your returns and calculate your taxes on your gains is definitely something to keep an eye on for sure in the tax season.
To Calculate your taxes today, check our website.
https://kryptos.io/
Let us know about your views below.
#CryptocurrencyAnalysis #tax #HOTTRENDS
#ripple #SolanaSurges
"Interesting Find in the Binance App: MY TAX"
While exploring the Binance app, I came across an intriguing button called "MY TAX". Clicking on it led me to an FAQ section about tax regulations in Italy.
According to a new law, Italian residents are required to pay a stamp duty of 0.2% on the cryptocurrency they hold, even if they don’t generate any income from it.
The good news in this. Binance provides assistance with tax compliance and bureaucracy. For now, this tax applies only to Italy.
What do you think—will similar laws be implemented across Europe or even globally? Share your thoughts and let us know about the tax regulations in your country.
Also, would you be interested in a post detailing crypto tax laws across different countries, starting with Europe?
#Tax #AltcoinBoom #DollarRally110
While exploring the Binance app, I came across an intriguing button called "MY TAX". Clicking on it led me to an FAQ section about tax regulations in Italy.
According to a new law, Italian residents are required to pay a stamp duty of 0.2% on the cryptocurrency they hold, even if they don’t generate any income from it.
The good news in this. Binance provides assistance with tax compliance and bureaucracy. For now, this tax applies only to Italy.
What do you think—will similar laws be implemented across Europe or even globally? Share your thoughts and let us know about the tax regulations in your country.
Also, would you be interested in a post detailing crypto tax laws across different countries, starting with Europe?
#Tax #AltcoinBoom #DollarRally110
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Why did the market recover after the news that Mr. Trump postponed tariffs with Mexico?
The President of Mexico announced that President Trump agreed to postpone tariffs for one month after discussions between the two sides. In return, Mexico will:
Deployment of 10,000 National Guard soldiers to assist in border protection.
Cooperate with the U.S. on security and business initiatives.
Mexico chose to cooperate instead of confront the Trump administration. The market reacted positively and recovered after this information.
Deployment of 10,000 National Guard soldiers to assist in border protection.
Cooperate with the U.S. on security and business initiatives.
Mexico chose to cooperate instead of confront the Trump administration. The market reacted positively and recovered after this information.
See original
Is the State evil?
Here's the reasoning in summary, read this at least once.
The Federal Revenue, the State, the system, whatever you want to consider, are people that form a legal entity, basically.
There is no group coexistence without rules, rights and obligations, therefore, there is no life without the State, our most modern form of social organization.
Taxes are demonized by people, and there is a reason for this, it is indisputable, after all we pay high taxes (they are not the highest in the world, but they are high) and we do not get an adequate return, and this is another problem.
The Federal Revenue, the State, the system, whatever you want to consider, are people that form a legal entity, basically.
There is no group coexistence without rules, rights and obligations, therefore, there is no life without the State, our most modern form of social organization.
Taxes are demonized by people, and there is a reason for this, it is indisputable, after all we pay high taxes (they are not the highest in the world, but they are high) and we do not get an adequate return, and this is another problem.
In the Indian tax system, can crypto futures losses be set off against crypto futures profits? (while filing tax)
What's your view..??
#Binance #CryptoTaxation #tax #BTC #ETH
What's your view..??
#Binance #CryptoTaxation #tax #BTC #ETH
🚨 NEW: India will impose tax penalties of up to 70% on undisclosed crypto gains as part of new regulations under Section 158B of the Income Tax Act.
#BreakingCryptoNews #india #tax
#BreakingCryptoNews #india #tax
𝗝𝘂𝗻𝗲 𝟭𝟴, 𝟮𝟬𝟮𝟰
👉📊 Nvidia $NVDA has surpassed Microsoft $MSFT and Apple $AAPL to take over as the largest holding in the NASDAQ 100 $QQQ.
👉BlackRock CEO Larry Fink on National Debt:
"No matter how much we #tax , how much we cut or reduce that debt, it will not be enough. This is why building new infrastructure is critical."
👉The US Treasury estimates net interest costs on federal debt will hit a record $890 billion in 2024. This would be $331 billion higher than a year ago and almost double the amount from 2022.
👉📊 Roaring Kitty is now the 4th largest shareholder of GameStop with over 9 MILLION shares.
👉📊 Nvidia $NVDA has surpassed Microsoft $MSFT and Apple $AAPL to take over as the largest holding in the NASDAQ 100 $QQQ.
👉BlackRock CEO Larry Fink on National Debt:
"No matter how much we #tax , how much we cut or reduce that debt, it will not be enough. This is why building new infrastructure is critical."
👉The US Treasury estimates net interest costs on federal debt will hit a record $890 billion in 2024. This would be $331 billion higher than a year ago and almost double the amount from 2022.
👉📊 Roaring Kitty is now the 4th largest shareholder of GameStop with over 9 MILLION shares.
See original
Cryptocurrency market rebounds as Trump suspends tariffs on Canada and Mexico
Both Canada and Mexico have agreed to implement policies to curb illegal drug trafficking and immigration into the United States after a phone call with U.S. President Donald Trump.
The cryptocurrency market rebounded strongly after U.S. President Donald Trump agreed to temporarily suspend the proposed tariffs on Canada and Mexico while negotiations with these countries continue.
In a statement on February 3 on X, Canadian Prime Minister Justin Trudeau stated that he spoke with Trump and that the tariffs would be suspended for at least 30 days while the two countries work together.
Trudeau mentioned that Canada would enhance "coordination with U.S. partners, implementing a $1.3 billion border plan that includes strengthening the appointment of a Fentanyl Czar, designating gangs as terrorists, and bolstering the U.S.-Canada border with helicopters and more personal measures.
Mexico's tariffs have also been suspended for a month. Mexican President Claudia Sheinbaum stated in a February 3 statement on X that the two leaders had "reached a series of agreements," with similar promises regarding strengthening the shared land border between the two countries.
"Our teams will start working today on two fronts: security and trade. They will suspend tariffs for a month from now," Sheinbaum said.
#DonaldTrump #Tax
Both Canada and Mexico have agreed to implement policies to curb illegal drug trafficking and immigration into the United States after a phone call with U.S. President Donald Trump.
The cryptocurrency market rebounded strongly after U.S. President Donald Trump agreed to temporarily suspend the proposed tariffs on Canada and Mexico while negotiations with these countries continue.
In a statement on February 3 on X, Canadian Prime Minister Justin Trudeau stated that he spoke with Trump and that the tariffs would be suspended for at least 30 days while the two countries work together.
Trudeau mentioned that Canada would enhance "coordination with U.S. partners, implementing a $1.3 billion border plan that includes strengthening the appointment of a Fentanyl Czar, designating gangs as terrorists, and bolstering the U.S.-Canada border with helicopters and more personal measures.
Mexico's tariffs have also been suspended for a month. Mexican President Claudia Sheinbaum stated in a February 3 statement on X that the two leaders had "reached a series of agreements," with similar promises regarding strengthening the shared land border between the two countries.
"Our teams will start working today on two fronts: security and trade. They will suspend tariffs for a month from now," Sheinbaum said.
#DonaldTrump #Tax
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