Michael Saylor, MicroStrategy Fined $40M for Tax Evasion
Michael Saylor and @MicroStrategy agree to a $40M settlement with D.C. over unpaid taxes (2014-2022). This is the largest tax fraud case under the updated “False Claims Act.” #Crypto #TaxFraud
Crypto Tax
Michael Saylor Tax Evasion Settlement: $40M Penalty
Michael Saylor, CEO of @MicroStrategy, settles with Washington D.C. for $40M over tax evasion claims. This is the largest income tax settlement in city history. #TaxNews #CryptoRegulation
India Crypto Tax Impact: CoinDCX CEO Insights
India’s crypto tax, a 30% flat rate plus 1% TDS, has driven 95% of trading offshore. CoinDCX CEO @smtgupta advocates for reducing TDS to 0.01% to boost market growth. #CryptoTax #IndiaCrypto
Senate Approves Tax Break for Bitcoin Miners
Oklahoma Senate passes House Bill 1600, granting tax exemptions for Bitcoin and crypto mining operations. This move strengthens Oklahoma’s position as a blockchain hub. #Crypto #Bitcoin
### Terra Luna Classic Rejects LUNC Burn Proposal **Highlights:** – The Terra Luna Classic community has decisively rejected a proposal to increase the burn tax to 1.5%. – Proposal 12105 was turned down due to lack of reasoning and insufficient data to support the increase. – The proposal received only 21.35% “Yes” votes, with 32% voting “No” and 38% “No with veto”. – Validators also opposed the proposal due to the absence of complementary strategies and volume projections. – Recently, the community has adjusted the LUNC burn tax distribution to the oracle pool instead of rewards, with 70% voting in favor. – The current burn tax is set at 0.5%, allocated as 80% for burn and 20% split between the Community Pool and Oracle pool. – Following the proposal’s rejection, LUNC’s price increased by 1% in the last 24 hours, with trading volume surging by 70%. ### SEO-Optimized Title: **Terra Luna Classic Rejects LUNC Burn Tax Increase**
The Terra Luna Classic community rejected Proposal 12105 to raise the LUNC burn tax to 1.5%, with 70% favoring a strategic redistribution to the oracle pool. LUNC’s price rose 1% amid a 70% volume surge. #CryptoNews #TerraLunaClassic
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