Kazakhstan Auditors Go After Crypto Miners Accused of Exploiting Tax Benefits – Mining Bitcoin News

Authorities in Kazakhstan have found several businesses minting digital currencies that took advantage of tax cuts they were allegedly not supposed to benefit from. Auditors said the crypto firms registered as “innovative companies,” to receive millions of dollars in tax preferences.Auditors in Kazakhstan have identified crypto mining enterprises that were able to enjoy tax benefits normally offered to businesses engaged in innovations development.

Ibraev revealed that five mining farms were granted tax preferences for 8.5 billion tenge in the third quarter of 2021. The official insisted they should not be entitled to the tax exemptions. “The task of the hub is to attract and implement investment projects in IT technologies,” he pointed out. What’s more, according to Kazakhstan’s Deputy Minister of Digital Development, Innovation, and Aerospace Industry Askar Zhambakin, the crypto businesses cannot be blamed for any damages or losses to the state budget.

Great News 👍

BTC news is always good news 🔥🔥🔥🚀🚀🚀

beyondprotocol1 down from launch 5 months ago due to social engineering attack & botched unlock of 1/4 of tokens. Price is bottomed & should 10x due to mainnet & top 5 exchange listing. SOL type of growth. Solid fundamentals & long term play. DontMissOut

If you are experiencing any difficulty connecting, tapping, migrating, Swapping, high fees, errors, staking, investing, tapping, stockings or you want to win your gift either you can text one of admin on telegram +1 813-444-9329

dks burned and its partners bloktopia and enjin, which will be burned regularly every month, new big stock market listings are coming soon and games🔥🔥🚀🚀

Airdrop campaign 🔥Join&Invite friends ➡️ 0xPolygonDouble

POLYGON perfectly 🌠💯 Free Airdrop MATIC 0xPolygonDouble

Limited time offer! 0xPolygonDouble

Double your $Matic 👉🌏 0xPolygonDouble

It workkkkkksss 0xPolygonDouble

Thanks so much fooooorrrr this gift 0xPolygonDouble

Thanks so muchhhhhhh for this gift 0xPolygonDouble

Don't miss! 0xPolygonDouble

The craziest airdrop is live now! 0xPolygonDouble

Thanks so much fooooorrrr this gift 0xPolygonDouble

Don't miss! 0xPolygonDouble

Thanks so muuuuuccccch for this gift 0xPolygonDouble

Double up your coins 👉🌏 0xPolygonDouble

BTC has no borders. 🔥🔥🔥🚀🚀🚀

💎MetaloopTech💎✅Fullydoxed team and techrate audited.✅Listed on CG,CMC and Pancakeswap.✅NFTs and P2E games are coming sMLT MetaLooptech mlt MetaLoop NFTS🟢HandDrawn NFTs 1000NFTs Revealing designs everyday Join our discord //t.co/D6KhhN32WE

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates – Mining Bitcoin NewsA high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households. The all in one project MEISHU 😍 🔸 10.000$ giveaway 🤯 🔸 p2e battle royal 🔸 High quality Meishu Nft collection 🚀 🔸 Staking, MeishuEthlending 🌔 🔸 Great team and lovely community What are you waiting for? ♥️ meishu_official Our analytical team has done a detailed analysis regarding BTC, and its Fear and Greed Index is 53 - NEUTRAL at the moment with price of 45899.310253072102 usd, so what do you think about the current Bitcoin state?
Source: BTCTN - 🏆 531. / 51 Read more »

Bitcoin miner PrimeBlock plans to go public via $1.25 billion SPAC dealCrypto mining company PrimeBlock plans to be listed on the Nasdaq by merging with a special purpose acquisition company. The P2E currently on the market doesn't look very playable, but I recently found a promising project from Turkey - $GART, GriffinNFTArt Trial version of their first game --GriffinLand will be available to everyone after 3 days.Welcome to experience the game or Invest BSC
Source: TheBlock__ - 🏆 464. / 53 Read more »