UAE signs crypto tax reporting agreement and launches industry consultation
Jinse Finance reported that the Ministry of Finance of the United Arab Emirates signed the Multilateral Competent Authority Agreement on the Crypto-Asset Reporting Framework (CARF) on Sunday, following the announcement of related plans in November 2024. The agreement will be implemented starting in 2027, with the first international tax information exchange expected in 2028. Meanwhile, the Ministry of Finance launched an eight-week public consultation on September 15, inviting all stakeholders in the crypto industry to provide feedback on potential impacts and compliance requirements.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ASTEROID Tops List with Purchase of ENS Domain Name "Loves ASTEROID, Pumping to Mars"
The address holding 8.38 billion ASTEROID has an unrealized profit of $434,000.
A certain whale spent $828,000 to purchase 2.62 billions ASTEROID within 24 hours.
Tron Inc averaged $0.3236 per token and increased its holdings by 154,494 TRX tokens.
Trending news
MoreCrypto prices
More
