Tag: capital gain tax

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Pakistan Faces IMF Pressure to Tax Crypto and Real Estate

March 18, 2024

According to a local news outlet, the International Monetary Fund (IMF) has stipulated that Pakistan’s Federal Board of Revenue (FBR) must levy a capital gains tax (CGT) on crypto investments and real estate as part of the conditions for receiving a $3 billion bailout package. Additionally, the IMF has advised Pakistan to reevaluate the taxation…
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Report: Kenyan Lawmaker Proposes Introducing Crypto Income and Capital Gains Tax

November 23, 2022

According to a capital markets amendment bill reportedly sponsored by Kenyan lawmaker Abraham Kirwa, cryptocurrency holders in the country will be obliged to pay taxes on gains. In addition, the bill (if passed into law) would require crypto holders to furnish Kenya’s Capital Markets Authority with details such as “the amount of proceeds from the…
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