News & Analysis as of September 24, 2024

Virtual Currency › International Tax Issues

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Virtual Currency (aka Digital Currency or Digital Money) is a type of currency or medium of exchange that is not issued by any government nor guaranteed by a government currency. Despite lacking legal tender status, Virtual Currency is still traded and exchanged in some environments, typically online environments or communities. Bitcoin is the most well-known form of Virtual Currency. less -

Blockchain Week in Review - January 2020 #3

Perkins Coie on 1/29/2020

U.S. Developments - Federal and State Regulatory Developments - Bill in Hawaii State Senate Addresses Digital Assets Including Authorization for Banks to Serve as Qualified Custodians - SB 2594 before the Hawaii...more

Japan Legal Update - Volume 47 | May–June 2019

Jones Day on 6/28/2019

Finance - Amendment to the Payment Services Act Tightens Regulation of Crypto Assets - The Payment Services Act ("PSA") and the Financial Instruments and Exchange Act ("FIEA") were amended on May 31, 2019...more

Japan Legal Update - Volume 40 | September 2018

Jones Day on 9/27/2018

Supreme Court Decides Whether a Fixed Overtime Allowance is Considered Statutory Overtime Wages - On July 19, 2018, in a case in which the parties litigated whether payment of a so-called fixed overtime allowance is...more

Your Daily Dose of Financial News

Robins Kaplan LLP on 12/19/2017

European authorities have opened an investigation into Inter Ikea, one of the Swiss retail giant’s two primary divisions based in the Netherlands, over “concerns that it may have been given unfair tax advantages”....more

Singapore Issues Bitcoin Tax Guidance

Pillsbury - Internet & Social Media Law Blog on 1/16/2014

The Singapore tax authority has issued guidance which confirms the viability of certain Bitcoin transactions. Like the central bank in China, the Inland Revenue Authority of Singapore (IRAS) took the position that Bitcoin is...more

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