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One Big Mac, one large fries, and a medium Coke for only $39.99 plus taxes and tip! And Americans think the Trump no-income tax plan will help them. Crypto markets are limping into December, and we still have taxes to pay next year. Bitcoin BTC $93,377.83 0.09% slid more than six percent on Monday, its sharpest … Read more
Switzerland is doubling down on its status as a rich-friendly haven after rejecting a tax on the ultra-wealthy. Despite competition from other countries, one banking executive says it will remain at the top of millionaires’ lists of destinations to migrate to. “In our business wealth management and private banking Switzerland will remain the No. 1 … Read more
Japan is preparing to overhaul its crypto tax system after more than a decade of investor complaints and industry lobbying. According to new reporting from Nikkei Asia, the government and ruling coalition have formally endorsed a plan to cut the nation’s maximum crypto tax rate to a flat 20%, aligning digital assets with equities and … Read more
Key Takeaways The Japanese government and ruling coalition aim to shift crypto income to a separate taxation scheme. Cryptocurrency will be taxed at 20%, replacing the up-to-55% progressive rates, to stimulate local trading. Share this article Japan’s government plans to implement a 20% flat tax rate on crypto gains starting in 2026, aligning digital asset … Read more
Welfare fraud scandal rocks Minnesota Fox News host Will Cain breaks down the Minnesota welfare scandal that allegedly funneled money to a Somali-linked terror group on ‘The Will Cain Show.’ NEWYou can now listen to Fox News articles! U.S. Treasury Secretary Scott Bessent on Monday launched a federal probe into claims that Minnesota tax dollars … Read more
Rich mega-donors like MacKenzie Scott have been pumping hundreds of millions of dollars into philanthropic causes—but Trump’s new tax policies could put billionaire charity in jeopardy. And America’s middle class won’t be able to pick up the pieces. President Donald Trump’s “One Big Beautiful Bill,” signed into law this July, will limit tax benefits for … Read more
Switzerland will adopt the crypto-asset reporting framework in law from 2025 but delay automatic cross-border crypto tax data-sharing until at least 2027. Summary Swiss authorities will incorporate the crypto-asset reporting framework into national law on January 1 but postpone practical implementation by at least one year. The delay stems from suspended talks on which partner … Read more
Billionaire count: 57Total wealth: $125 billionKnown as the playground of the rich and famous, Switzerland is 8th in the global billionaire sweepstakes and ranks 7th as the home of those worth $30 million and more, or the ultra-wealthy.Switzerland’s billionaires represent the top one percent of its 5,597 ultra-wealthy population and control more than 19 percent … Read more
The ultra-wealthy are leaving Britain in their droves as a result of the Labour government’s tax rises. The nation’s business secretary admitted that he’s worried billionaires, entrepreneurs, and even doctors have left the country ahead of Rachel Reeves’ Budget. But it’s not just an abstract concern—it’s already happening. The CEO of Taxfix, the Berlin-based tax … Read more
South Korea is serious about its anti-money laundering laws, and as such, the Korean Financial Intelligence Unit (FIU) is all set to sanction crypto exchanges that are not following the protocols to the T. According to the regulatory body, not clamping down on companies that don’t follow protocols hurts the integrity of the country’s growing … Read more
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