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GOAT10X
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Vietnam plans 0.1% tax on crypto trades, equating them to stocks Vietnam wants to implement pioneering taxation to bring clarity to its expanding digital asset ecosystem. Vietnam’s Ministry of Finance has proposed a 0.1% personal income tax on crypto transactions conducted through licensed platforms, treating digital assets similarly to stocks, according to Hanoi Times. The tax applies to the total transaction value for both residents and non residents, including foreign investors. The proposal is part of a five year pilot program that began in September 2025 to regulate Vietnam’s growing crypto market, which had largely operated in a gray area. Licensing applications opened on January 20, 2026, with requirements including a minimum capital of 10 trillion VND (around $408 million) and a cap of 49% foreign ownership. Under the framework, crypto transactions are exempt from value-added tax. Companies trading crypto would pay a 20% corporate income tax on net profits from transfers. Analysts have noted that while the low tax rate could improve compliance and transparency, the high capital requirements for exchanges may limit license applications and market liquidity. #vietnam #tax
Vietnam plans 0.1% tax on crypto trades, equating them to stocks
Vietnam wants to implement pioneering taxation to bring clarity to its expanding digital asset ecosystem.

Vietnam’s Ministry of Finance has proposed a 0.1% personal income tax on crypto transactions conducted through licensed platforms, treating digital assets similarly to stocks, according to Hanoi Times.
The tax applies to the total transaction value for both residents and non residents, including foreign investors.

The proposal is part of a five year pilot program that began in September 2025 to regulate Vietnam’s growing crypto market, which had largely operated in a gray area. Licensing applications opened on January 20, 2026, with requirements including a minimum capital of 10 trillion VND (around $408 million) and a cap of 49% foreign ownership.

Under the framework, crypto transactions are exempt from value-added tax. Companies trading crypto would pay a 20% corporate income tax on net profits from transfers.
Analysts have noted that while the low tax rate could improve compliance and transparency, the high capital requirements for exchanges may limit license applications and market liquidity.
#vietnam #tax
VIETNAM TAX BOMB DROPPED $0.1%!New regulations are here. Vietnam plans a 0.1% tax on crypto transactions. Digital assets are now treated like stocks. This is a massive shift. Get ready for immediate market impact. Stay ahead of the curve. Follow for critical intel. Disclaimer: This is not financial advice. #CryptoNews #Vietnam #Tax #Regulation 🚨
VIETNAM TAX BOMB DROPPED $0.1%!New regulations are here. Vietnam plans a 0.1% tax on crypto transactions. Digital assets are now treated like stocks. This is a massive shift. Get ready for immediate market impact. Stay ahead of the curve. Follow for critical intel.

Disclaimer: This is not financial advice.
#CryptoNews #Vietnam #Tax #Regulation 🚨
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Bullish
Taxation Remains Unchanged#StrategyBTCPurchase The core tax framework for Virtual Digital Assets (VDAs) introduced in 2022 remains in effect for FY 2026–27: $ETH ​30% Flat Tax on Gains: All profits from the transfer of crypto-assets are taxed at 30%, regardless of the holding period. RIVER ​1% TDS on Transactions: A 1% Tax Deducted at Source applies to the sale or exchange of crypto assets. $BNB ​No Offset of Losses: Investors cannot set off losses from one crypto-asset against gains from another, nor can they carry forward losses to future years. BTC ​Limited Deductions: The only permissible deduction from taxable income is the cost of acquisition; expenses like mining costs or exchange fees are not deductible. $SOL #cryptouniverseofficial #tax #crypto #RegulationDebate

Taxation Remains Unchanged

#StrategyBTCPurchase
The core tax framework for Virtual Digital Assets (VDAs) introduced in 2022 remains in effect for FY 2026–27: $ETH
​30% Flat Tax on Gains: All profits from the transfer of crypto-assets are taxed at 30%, regardless of the holding period. RIVER
​1% TDS on Transactions: A 1% Tax Deducted at Source applies to the sale or exchange of crypto assets. $BNB
​No Offset of Losses: Investors cannot set off losses from one crypto-asset against gains from another, nor can they carry forward losses to future years. BTC
​Limited Deductions: The only permissible deduction from taxable income is the cost of acquisition; expenses like mining costs or exchange fees are not deductible.
$SOL
#cryptouniverseofficial #tax #crypto #RegulationDebate
🇪🇺 EU Cracks Down: 12 Countries Warned Over Crypto Tax Non-Compliance The European Commission has officially issued formal warnings to 12 EU member states for failing to fully implement new tax transparency rules for cryptocurrency transactions. Who’s on the list? Belgium, Bulgaria, Czech Republic, Estonia, Greece, Spain, Cyprus, Luxembourg, Malta, Netherlands, Poland, and Portugal. What is the issue? These nations have either partially or completely failed to enact laws requiring crypto service providers (exchanges and custodial services) to report user data and transaction details to national tax authorities. The EU is pushing for total transparency and seamless data sharing across borders. The Ultimatum: These 12 countries have 2 months to fix the legal gaps.Failure to comply may lead to a lawsuit at the European Court of Justice.Under the MiCA framework, companies operating before December 2024 must fully comply or cease services by July 1. Why it matters for us: The era of "gray" crypto in Europe is rapidly ending. With 48 countries globally committed to the OECD's international tax standards, crypto anonymity is being replaced by mandatory reporting. For investors, this means tax compliance is no longer optional—it's the new standard for mass adoption. Stay tuned as the regulatory landscape evolves. 📈 #CryptoNews #EU #MiCA #Tax #Regulation {spot}(BTCUSDT)
🇪🇺 EU Cracks Down: 12 Countries Warned Over Crypto Tax Non-Compliance
The European Commission has officially issued formal warnings to 12 EU member states for failing to fully implement new tax transparency rules for cryptocurrency transactions.
Who’s on the list?
Belgium, Bulgaria, Czech Republic, Estonia, Greece, Spain, Cyprus, Luxembourg, Malta, Netherlands, Poland, and Portugal.
What is the issue?
These nations have either partially or completely failed to enact laws requiring crypto service providers (exchanges and custodial services) to report user data and transaction details to national tax authorities. The EU is pushing for total transparency and seamless data sharing across borders.
The Ultimatum:
These 12 countries have 2 months to fix the legal gaps.Failure to comply may lead to a lawsuit at the European Court of Justice.Under the MiCA framework, companies operating before December 2024 must fully comply or cease services by July 1.
Why it matters for us:
The era of "gray" crypto in Europe is rapidly ending. With 48 countries globally committed to the OECD's international tax standards, crypto anonymity is being replaced by mandatory reporting. For investors, this means tax compliance is no longer optional—it's the new standard for mass adoption.
Stay tuned as the regulatory landscape evolves. 📈
#CryptoNews #EU #MiCA #Tax #Regulation
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Bullish
The Japanese government is planning to reduce the maximum tax rate on crypto from 55% to 20%. The change is aimed at addressing investor concerns and simplifying the taxation of digital currencies in Japan. “Regarding the tax treatment of cryptocurrency transactions, it should be treated as a financial asset that can be an investment target for the public,” the Japanese government wrote in its announcement. #tax #news_update #newsdaily $BTC {spot}(BTCUSDT)
The Japanese government is planning to reduce the maximum tax rate on crypto from 55% to 20%. The change is aimed at addressing investor concerns and simplifying the taxation of digital currencies in Japan.

“Regarding the tax treatment of cryptocurrency transactions, it should be treated as a financial asset that can be an investment target for the public,” the Japanese government wrote in its announcement.
#tax #news_update #newsdaily $BTC
🚨FM #NirmalaSitharaman applauds #Indian 🇮🇳 Retail Investors as they are keeping market upbeat after #FII pull out from Indian market.💰 Maybe it’s time for some #tax cuts for investors FM.
🚨FM #NirmalaSitharaman applauds #Indian 🇮🇳 Retail Investors as they are keeping market upbeat after #FII pull out from Indian market.💰

Maybe it’s time for some #tax cuts for investors FM.
TonAttack: P2E & PvP card game on $TON chain#TonAttack is a standout project on The Open Network (TON), heralding a new era where gaming and blockchain technology converge: TonAttack is not just another game is an ecosystem where players can own, trade, and utilize NFTs in ways that enhance gameplay. Whether it's through strategic battles or collecting unique digital assets, the integration of NFTs offers true ownership and potential value appreciation over time! Built on TON's blockchain, TonAttack benefits from one of the most scalable infrastructures in the crypto space! TonAttack is committed to community engagement, regularly updating its followers with development progress, upcoming features, and special editions like holiday-themed NFTs! This transparency and interaction not only builds a loyal community but also ensures the game evolves in a direction that its players want! Introducing #TAX as its ticker, TonAttack is set to introduce a unique economic model within its game! This could involve gameplay rewards, staking opportunities, or even a marketplace for trading in-game assets, all underpinned by the TON blockchain's capabilities! Summary of Ton Attack Unique Card Game: Concept: A card game focusing on integrating numerous meme coins from the Ton Ecco ecosystem.Utility: Cards serve dual purposes: gameplay and marketing/advertising.Game Modes:Mini App Game:Free to Play: Offers solo play or with friends; winners receive airdrops from sponsors.Pay to Play: Players can compete for a pot, with revenue shared among TAX holders.Revenue Distribution: Revenue from the game (pay-to-play fees, advertising) is redistributed to TAX holders through staking.Physical Products:Game Packs: Physical card games for home play, introducing new people to the meme crypto space.Collectible NFT Cards: Blind packs with NFTs that offer royalty payments.Development Phases:Current: Completion of Season 1 meme cards, nearing completion of the mini-app game.Future Projects:Season 2 Meme Cards and an Influencers Card Pack.A 3D trailer leading to a final PC game that will include tournaments using these cards and NFTs.An online store selling various collectibles, using TAX as currency.Innovation: An image-generating bot for custom card creation, charging for this service.Meme Coin Integration: Launching new meme coins within the game ecosystem, starting with a 3D version. #mememcoinseason2024 #MemeWatch2024

TonAttack: P2E & PvP card game on $TON chain

#TonAttack is a standout project on The Open Network (TON), heralding a new era where gaming and blockchain technology converge:

TonAttack is not just another game is an ecosystem where players can own, trade, and utilize NFTs in ways that enhance gameplay. Whether it's through strategic battles or collecting unique digital assets, the integration of NFTs offers true ownership and potential value appreciation over time!

Built on TON's blockchain, TonAttack benefits from one of the most scalable infrastructures in the crypto space!

TonAttack is committed to community engagement, regularly updating its followers with development progress, upcoming features, and special editions like holiday-themed NFTs! This transparency and interaction not only builds a loyal community but also ensures the game evolves in a direction that its players want!

Introducing #TAX as its ticker, TonAttack is set to introduce a unique economic model within its game! This could involve gameplay rewards, staking opportunities, or even a marketplace for trading in-game assets, all underpinned by the TON blockchain's capabilities!

Summary of Ton Attack Unique Card Game:

Concept: A card game focusing on integrating numerous meme coins from the Ton Ecco ecosystem.Utility: Cards serve dual purposes: gameplay and marketing/advertising.Game Modes:Mini App Game:Free to Play: Offers solo play or with friends; winners receive airdrops from sponsors.Pay to Play: Players can compete for a pot, with revenue shared among TAX holders.Revenue Distribution: Revenue from the game (pay-to-play fees, advertising) is redistributed to TAX holders through staking.Physical Products:Game Packs: Physical card games for home play, introducing new people to the meme crypto space.Collectible NFT Cards: Blind packs with NFTs that offer royalty payments.Development Phases:Current: Completion of Season 1 meme cards, nearing completion of the mini-app game.Future Projects:Season 2 Meme Cards and an Influencers Card Pack.A 3D trailer leading to a final PC game that will include tournaments using these cards and NFTs.An online store selling various collectibles, using TAX as currency.Innovation: An image-generating bot for custom card creation, charging for this service.Meme Coin Integration: Launching new meme coins within the game ecosystem, starting with a 3D version.

#mememcoinseason2024 #MemeWatch2024
Is the State evil?Here's the reasoning in summary, read this at least once. The Federal Revenue, the State, the system, whatever you want to consider, are people that form a legal entity, basically. There is no group coexistence without rules, rights and obligations, therefore, there is no life without the State, our most modern form of social organization. Taxes are demonized by people, and there is a reason for this, it is indisputable, after all we pay high taxes (they are not the highest in the world, but they are high) and we do not get an adequate return, and this is another problem.

Is the State evil?

Here's the reasoning in summary, read this at least once.
The Federal Revenue, the State, the system, whatever you want to consider, are people that form a legal entity, basically.
There is no group coexistence without rules, rights and obligations, therefore, there is no life without the State, our most modern form of social organization.
Taxes are demonized by people, and there is a reason for this, it is indisputable, after all we pay high taxes (they are not the highest in the world, but they are high) and we do not get an adequate return, and this is another problem.
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Bearish
Trump Highlights Challenges in U.S.-Europe Trade RelationsAccording to BlockBeats, U.S. President Donald Trump has stated that while relations with Europe remain positive, the trade situation is challenging. Europe has imposed heavy taxes and has taken legal action against American companies. The continent has maintained a firm stance on trade issues. #tax #Europe #TRUMP

Trump Highlights Challenges in U.S.-Europe Trade Relations

According to BlockBeats, U.S. President Donald Trump has stated that while relations with Europe remain positive, the trade situation is challenging. Europe has imposed heavy taxes and has taken legal action against American companies. The continent has maintained a firm stance on trade issues.
#tax #Europe #TRUMP
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Bullish
A new escalation in the trade war.. Trump signs tariff letters for 12 countries! 🚨 $BANANAS31 $BTC $SOL In a new escalatory move, President Donald Trump announced that he personally signed letters imposing new tariffs targeting 12 countries around the world. 🇺🇸 He confirmed that these official letters will be sent on Monday, turning threats into tangible reality, putting the world on alert for the reactions of the targeted countries. #TRUMP #tax #BTCWhaleMovement #NFPWatch #BTC
A new escalation in the trade war.. Trump signs tariff letters for 12 countries! 🚨 $BANANAS31 $BTC $SOL

In a new escalatory move, President Donald Trump announced that he personally signed letters imposing new tariffs targeting 12 countries around the world. 🇺🇸

He confirmed that these official letters will be sent on Monday, turning threats into tangible reality, putting the world on alert for the reactions of the targeted countries.
#TRUMP #tax #BTCWhaleMovement #NFPWatch #BTC
🇮🇳#India to #Tax Offshore Crypto from 2027 From April 1, 2027, India will implement the OECD’s Reporting #Framework (CARF). This means offshore crypto holdings of Indian residents will come under the tax net.
🇮🇳#India to #Tax Offshore Crypto from 2027

From April 1, 2027, India will implement the OECD’s Reporting #Framework (CARF).

This means offshore crypto holdings of Indian residents will come under the tax net.
🔥🚨the 🇬🇧UK #tax authority HMRC sent “nudge letters” to about 65,000 suspected crypto tax evaders — more than double last year’s figure. 🔹HMRC will use exchange data to track evasion and, from 2026, collect detailed user info under the OECD’s CARF framework. 🔹 In the UK, selling or spending crypto incurs capital gains tax, while staking and airdrops count as income.
🔥🚨the 🇬🇧UK #tax authority HMRC sent “nudge letters” to about 65,000 suspected crypto tax evaders — more than double last year’s figure.

🔹HMRC will use exchange data to track evasion and, from 2026, collect detailed user info under the OECD’s CARF framework.

🔹 In the UK, selling or spending crypto incurs capital gains tax, while staking and airdrops count as income.
BAD NEWS: Indian Finance Ministry says that, there are no plans to revise crypto tax rules or permit crypto ETFs. So This Stays: - 30% Tax - 1% TDS - No loss offset - No Approval for Bitcoin ETF #tax
BAD NEWS:
Indian Finance Ministry says that, there are no plans to revise crypto tax rules or permit crypto ETFs.

So This Stays:

- 30% Tax
- 1% TDS
- No loss offset
- No Approval for Bitcoin ETF
#tax
Cryptocurrency market rebounds as Trump suspends tariffs on Canada and Mexico Both Canada and Mexico have agreed to implement policies to curb illegal drug trafficking and immigration into the United States after a phone call with U.S. President Donald Trump. The cryptocurrency market rebounded strongly after U.S. President Donald Trump agreed to temporarily suspend the proposed tariffs on Canada and Mexico while negotiations with these countries continue. In a statement on February 3 on X, Canadian Prime Minister Justin Trudeau stated that he spoke with Trump and that the tariffs would be suspended for at least 30 days while the two countries work together. Trudeau mentioned that Canada would enhance "coordination with U.S. partners, implementing a $1.3 billion border plan that includes strengthening the appointment of a Fentanyl Czar, designating gangs as terrorists, and bolstering the U.S.-Canada border with helicopters and more personal measures. Mexico's tariffs have also been suspended for a month. Mexican President Claudia Sheinbaum stated in a February 3 statement on X that the two leaders had "reached a series of agreements," with similar promises regarding strengthening the shared land border between the two countries. "Our teams will start working today on two fronts: security and trade. They will suspend tariffs for a month from now," Sheinbaum said. #DonaldTrump #Tax
Cryptocurrency market rebounds as Trump suspends tariffs on Canada and Mexico

Both Canada and Mexico have agreed to implement policies to curb illegal drug trafficking and immigration into the United States after a phone call with U.S. President Donald Trump.

The cryptocurrency market rebounded strongly after U.S. President Donald Trump agreed to temporarily suspend the proposed tariffs on Canada and Mexico while negotiations with these countries continue.

In a statement on February 3 on X, Canadian Prime Minister Justin Trudeau stated that he spoke with Trump and that the tariffs would be suspended for at least 30 days while the two countries work together.

Trudeau mentioned that Canada would enhance "coordination with U.S. partners, implementing a $1.3 billion border plan that includes strengthening the appointment of a Fentanyl Czar, designating gangs as terrorists, and bolstering the U.S.-Canada border with helicopters and more personal measures.

Mexico's tariffs have also been suspended for a month. Mexican President Claudia Sheinbaum stated in a February 3 statement on X that the two leaders had "reached a series of agreements," with similar promises regarding strengthening the shared land border between the two countries.

"Our teams will start working today on two fronts: security and trade. They will suspend tariffs for a month from now," Sheinbaum said.
#DonaldTrump #Tax
Why did the market recover after the news that Mr. Trump postponed tariffs with Mexico?The President of Mexico announced that President Trump agreed to postpone tariffs for one month after discussions between the two sides. In return, Mexico will: Deployment of 10,000 National Guard soldiers to assist in border protection. Cooperate with the U.S. on security and business initiatives. Mexico chose to cooperate instead of confront the Trump administration. The market reacted positively and recovered after this information.

Why did the market recover after the news that Mr. Trump postponed tariffs with Mexico?

The President of Mexico announced that President Trump agreed to postpone tariffs for one month after discussions between the two sides. In return, Mexico will:
Deployment of 10,000 National Guard soldiers to assist in border protection.
Cooperate with the U.S. on security and business initiatives.

Mexico chose to cooperate instead of confront the Trump administration. The market reacted positively and recovered after this information.
U.S. Delays Default Risk: Treasury Extends Emergency Debt Limit Measures Until July 2025🔹 The U.S. Treasury extends accounting maneuvers to avoid default 🔹 Court rulings on Trump-era tariffs could accelerate the debt crisis 🔹 Washington signals possible end to the 'revenge tax' amid global tax talks The U.S. Treasury Department announced it will continue using emergency accounting measures to avoid breaching the debt ceiling, extending them through July 24, 2025. This gives lawmakers more time to reach a solution and avoid a potential national default. Treasury Secretary Scott Bessent urged Congress to act without delay, warning that pending court rulings on Trump-era tariffs could push the U.S. closer to a financial breaking point, known as “X-date”—the moment when the government can no longer meet its financial obligations. Emergency Measures Buy Time but Not a Solution The Treasury confirmed that it is extending the period during which it can use “extraordinary accounting measures”—temporary tactics like suspending investments in federal programs or reallocating funds across government accounts—to stay under the statutory debt limit. Bessent sent a formal letter to House Speaker Mike Johnson and other key congressional leaders, calling on them to act before the upcoming August recess. While these temporary steps help avoid an immediate crisis, Bessent emphasized they do not fix the root problem: the need to raise or suspend the debt ceiling. Failing to act, he warned, could damage investor confidence and hurt the U.S. credit rating, with serious repercussions not only for the national economy but for global markets as well. GOP Divisions Delay Action as Debt Threat Looms Pressure is mounting on Republican lawmakers, who have so far failed to finalize a major tax and spending package due to internal disagreements over funding priorities. If they don’t reach a deal soon, the Treasury could run out of options to keep paying bills without breaching the debt ceiling. The longer Congress delays, the higher the risk of market volatility, investor panic, and public distrust. Court Rulings on Tariffs Could Shake Government Revenues Adding to the uncertainty are ongoing legal challenges to Trump-era tariffs. These tariffs have generated $23 billion in revenue, which has helped bolster the Treasury’s cash reserves during this debt-restricted period. However, a recent ruling from the U.S. Court of International Trade declared that some of these tariffs exceed presidential authority and lack a legal basis. If the Treasury is forced to stop collecting or even refund certain tariffs, the government could lose a key revenue stream at a critical time. Such a development could move the X-date up by weeks, giving Congress significantly less time to act than current projections suggest. Treasury Suggests End to 'Revenge Tax' Amid OECD Tax Progress In a separate development, the Treasury is signaling that it may soon eliminate the controversial "revenge tax", as OECD-led global tax talks show real progress. Deputy Treasury Secretary Michael Faulkender stated that an international agreement may render the U.S. Section 899 provision—aimed at countries with digital service taxes—unnecessary. Section 899, introduced under the Trump administration, is widely seen as a retaliatory measure. It would impose tax penalties on investors and firms in countries that the U.S. believes are discriminating against American tech giants like Google, Apple, and Amazon with digital taxes. Countries such as France, Canada, and the United Kingdom have enacted such digital taxes. If a global agreement is reached, the U.S. may drop these retaliatory threats, potentially easing transatlantic tensions. 🔻 Summary The U.S. Treasury is buying time—but market patience is limited. By extending emergency measures, it gives Congress breathing room, but pressure is mounting fast. If courts, tariffs, or political inaction converge, the U.S. could face a default crisis within weeks. Decisions made in the coming days could prove critical. #USPolitics , #TRUMP , #Tariffs , #TradeWars , #tax Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

U.S. Delays Default Risk: Treasury Extends Emergency Debt Limit Measures Until July 2025

🔹 The U.S. Treasury extends accounting maneuvers to avoid default

🔹 Court rulings on Trump-era tariffs could accelerate the debt crisis

🔹 Washington signals possible end to the 'revenge tax' amid global tax talks

The U.S. Treasury Department announced it will continue using emergency accounting measures to avoid breaching the debt ceiling, extending them through July 24, 2025. This gives lawmakers more time to reach a solution and avoid a potential national default.
Treasury Secretary Scott Bessent urged Congress to act without delay, warning that pending court rulings on Trump-era tariffs could push the U.S. closer to a financial breaking point, known as “X-date”—the moment when the government can no longer meet its financial obligations.

Emergency Measures Buy Time but Not a Solution
The Treasury confirmed that it is extending the period during which it can use “extraordinary accounting measures”—temporary tactics like suspending investments in federal programs or reallocating funds across government accounts—to stay under the statutory debt limit.
Bessent sent a formal letter to House Speaker Mike Johnson and other key congressional leaders, calling on them to act before the upcoming August recess. While these temporary steps help avoid an immediate crisis, Bessent emphasized they do not fix the root problem: the need to raise or suspend the debt ceiling.
Failing to act, he warned, could damage investor confidence and hurt the U.S. credit rating, with serious repercussions not only for the national economy but for global markets as well.

GOP Divisions Delay Action as Debt Threat Looms
Pressure is mounting on Republican lawmakers, who have so far failed to finalize a major tax and spending package due to internal disagreements over funding priorities.
If they don’t reach a deal soon, the Treasury could run out of options to keep paying bills without breaching the debt ceiling. The longer Congress delays, the higher the risk of market volatility, investor panic, and public distrust.

Court Rulings on Tariffs Could Shake Government Revenues
Adding to the uncertainty are ongoing legal challenges to Trump-era tariffs. These tariffs have generated $23 billion in revenue, which has helped bolster the Treasury’s cash reserves during this debt-restricted period.
However, a recent ruling from the U.S. Court of International Trade declared that some of these tariffs exceed presidential authority and lack a legal basis. If the Treasury is forced to stop collecting or even refund certain tariffs, the government could lose a key revenue stream at a critical time.
Such a development could move the X-date up by weeks, giving Congress significantly less time to act than current projections suggest.

Treasury Suggests End to 'Revenge Tax' Amid OECD Tax Progress
In a separate development, the Treasury is signaling that it may soon eliminate the controversial "revenge tax", as OECD-led global tax talks show real progress. Deputy Treasury Secretary Michael Faulkender stated that an international agreement may render the U.S. Section 899 provision—aimed at countries with digital service taxes—unnecessary.
Section 899, introduced under the Trump administration, is widely seen as a retaliatory measure. It would impose tax penalties on investors and firms in countries that the U.S. believes are discriminating against American tech giants like Google, Apple, and Amazon with digital taxes.
Countries such as France, Canada, and the United Kingdom have enacted such digital taxes. If a global agreement is reached, the U.S. may drop these retaliatory threats, potentially easing transatlantic tensions.

🔻 Summary
The U.S. Treasury is buying time—but market patience is limited. By extending emergency measures, it gives Congress breathing room, but pressure is mounting fast. If courts, tariffs, or political inaction converge, the U.S. could face a default crisis within weeks. Decisions made in the coming days could prove critical.

#USPolitics , #TRUMP , #Tariffs , #TradeWars , #tax

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
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