Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
U.S. Stocks
CFD
U.S. stock CFD derivatives
Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
GUSD
Mint GUSD for Treasury RWA yields
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
Rewards
Square
Latest
Hot
News
Profile

The European Union evaluates unified taxation for the crypto industry, potentially adding billions of euros in revenue to the budget.

MeNews
robot
Abstract generation in progress
ME News Report, May 30 (UTC+8), a document submitted by the European Commission to member states and the European Parliament shows that the EU is evaluating the possibility of including the crypto industry into a unified tax system to find new sources of revenue for the 2028—2034 budget cycle. The document estimates that a 0.1% tax on crypto asset trading volume could generate approximately 30 to 3B euros annually for the EU; taxing crypto capital gains is expected to increase fiscal revenue by about 10 to 4B euros per year. However, the European Commission also notes that due to incomplete data related to the crypto industry, there is significant uncertainty in the current revenue forecasts, and the actual results may differ from the estimates. The related plan is still under evaluation, and to implement it officially, it must be approved unanimously by all 27 EU member states. If progress goes smoothly, this will become one of the most important discussions on unified tax policies targeting the crypto industry in the EU. (Source: ChainCatcher)
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • 1
  • Share
Comment
Add a comment
Add a comment
AirdropEtiquette
· 12h ago
0.1% transaction tax on trading volume—how does the DEX collect it? Can they understand on-chain data?
View OriginalReply0
GasInTheHourglass
· 12h ago
An annual increase of 3 to 4 billion sounds like a lot, but divided among 27 countries, it's just over 100 million each. What's the point of all the fuss?
View OriginalReply0
NeonIceMelt
· 12h ago
It all depends on how you define "transaction"; do airdrops, staking, and NFTs count or not?
View OriginalReply0
AMirroredSphereReflectingThe
· 12h ago
The EU is treating cryptocurrencies like an ATM, with a huge budget shortfall.
View OriginalReply0
ArbiterOfFees
· 12h ago
All 27 countries agree? Then it will probably be debated until 2034.
View OriginalReply0

  • Pinned

Sitemap