taxes

A tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law.

Source: en.wikipedia.org

House Committee Advances First-Ever Crypto Tax Bill

House Committee Advances First-Ever Crypto Tax Bill
House Committee Advances First-Ever Crypto Tax Bill
September 16, 2026  |  Cryptocurrency

The House Ways and Means Committee voted to advance the Digital Asset Tax Certainty Act (H.R. 10357) Wednesday (Sept. 16), Rep. Rudy Yakym (R-Ind.) said...

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Anchorage Digital Backs Lawsuit to Block Illinois Crypto Tax
Anchorage Digital Backs Lawsuit to Block Illinois Crypto Tax
September 09, 2026  |  Legal & Regulation

Federally chartered cryptocurrency bank Anchorage Digital submitted a declaration to a court in support of a lawsuit that aims to block an Illinois law that...

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The Digital Chamber Sues Illinois to Halt Digital Asset Tax
The Digital Chamber Sues Illinois to Halt Digital Asset Tax
July 22, 2026  |  Legal & Regulation

Blockchain industry organization The Digital Chamber filed a lawsuit Tuesday (July 21) asking the court to halt the state of Illinois’ planned tax on digital...

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Law Firms Urge Brokers to Prepare for Illinois Crypto Tax
Law Firms Urge Brokers to Prepare for Illinois Crypto Tax
July 02, 2026  |  Cryptocurrency

With Illinois’ new tax on crypto set to become effective on Jan. 1, 2027, brokers with any Illinois exposure should prepare for registration now and...

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Trump Threatens 100% Tariffs if European Countries Tax US Tech Firms
Trump Threatens 100% Tariffs if European Countries Tax US Tech Firms
June 26, 2026  |  Business

President Donald Trump said Friday (June 26) that he will impose a 100% tariff on goods from any country that imposes a digital services tax...

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Fast Payments Push Governments to Rethink Tax Refunds
Fast Payments Push Governments to Rethink Tax Refunds
June 24, 2026  |  Disbursements

Watch more: Shari Freidenrich of Orange County Treasury Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Senate Bill Would Require AI Firms to Yield Half Ownership to Public
Senate Bill Would Require AI Firms to Yield Half Ownership to Public
June 18, 2026  |  Artificial Intelligence

Sen. Bernie Sanders (I-Vt.) has introduced a bill that would impose a one-time 50% tax on the stock of the biggest artificial intelligence (AI) companies and...

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Illinois Puts Crypto Transfers in the Tax Crosshairs
Illinois Puts Crypto Transfers in the Tax Crosshairs
June 17, 2026  |  Cryptocurrency

The governor of Illinois signed a law that will impose a 0.2% tax on customers’ use of digital asset services, including exchange, transfer or custody activities, according...

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