We will be talking about everything Web3 and Blockchain. Apart from the weekly Podcast, we will also use this platform to include keynote speeches our team presents. We will keep this light and fun, and easy to listen to. We will dive deep into the technology from time to time, but our goal is to educate and bring all of you on the Web3 journey with us.
We will talk about popular technologies such as Blockchain, Development, NFTs and Crypto, and please be advised whatever is spoken about here is not financial advice.
This time in Episode 43 of the Blockstars Web3 Weekly, the attention is drawn to the complicated interaction between taxation, regulations, and digital assets. The episode introduces guest speaker Harry Dell from Cadena Legal, who discusses the subtleties of crypto tax for individuals and businesses. The conversation explores the changing face of digital asset taxation and provides perspective on the impacts of these changes on the broader financial and regulatory environment.
Harry, tax lawyer focused on the crypto tax problems, provides his professional opinion on tax issues of cryptocurrency holders and traders.
The podcast discusses the myths related to the concept of tax residency and its impact on the taxation of digital assets.
Elaboration about different structures and approaches individuals and firms can use to manage their crypto tax efficiently.
The significance of knowledge and observance of local tax laws and regulations concerning digital assets is highlighted.
This dialogue also speaks about the issue of the wider effects of digital asset taxation on the world’s financial system, such as the possibility of a single worldwide currency.
Do the principles of traditional taxation work or adjust to decentralisation of digital assets?
How does the ATO know I have crypto?
Do you have to declare crypto on tax return Australia?
Do I need to report crypto if I didn't sell ATO?
How do I claim crypto losses on taxes Australia?
What triggers a crypto tax audit?
How much tax do I pay on crypto Australia?
What happens if you don t declare crypto tax?
How do you prove crypto losses?
Can you write off stolen crypto?
What are the issues that tax authorities should cope with in the process of tracing and taxing cryptocurrency operations and how these issues could change in the future?
What might be the implications of the concept of a global digital currency on international tax laws and financial regulations?
How the blockchain technology can be applied to the improvement of tax compliance and enforcement of digital assets?
What are ethical issues in balancing of privacy and transparency in taxing of digital assets?
In Episode 43 of Blockstars Web3 Weekly, the interplay between digital assets and taxation is discussed in detail. With the currencies and some of the digital assets getting integrated into the global financial system, the understanding of tax implications and regulatory requirements becomes extremely critical both for individuals as well as businesses. This podcast is an important information source about the dilemmas and possibilities offered by the taxation of digital assets and, informs on the need of the effective and entailing management of the dynamic financial instruments.
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Hope you guys Enjoy this light hearted episode! Tell us what else you would like us to cover on Blockstars Web3 Weekly.
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