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Sudan Clarifies Crypto Tax Framework Under Existing Income Tax Laws
• Impermanent Loss

Sudan Clarifies Crypto Tax Framework Under Existing Income Tax Laws

Sudan has now made its official position on cryptocurrency taxation clear, formally incorporating cryptocurrency into the existing body of income tax laws. The Income Tax Act of 1986, along with its subsidiary regulations, now encompasses cryptocurrency gains under the umbrella of "miscellaneous income." This is a positive step as it...

Sudan Crypto Tax Guide: Don't Get Burned! (2024 Edition)
• Stories

Sudan Crypto Tax Guide: Don't Get Burned! (2024 Edition)

While exploring the thriving landscape of cryptocurrency in Sudan can be rewarding, it’s important first to be aware of the tax or legal obligations. ThrowingToken.com launches this guide in the hope of empowering Sudanese crypto users. Whether you are an investor, freelancer, or business owner, you will walk away with...

Sudan's Crypto Tax Mess: 5 Reasons Why It's a Disaster
• Reviews

Sudan's Crypto Tax Mess: 5 Reasons Why It's a Disaster

Sudan’s nascent crypto scene was born of hyperinflation and the banking crisis. Unfortunately, Congress is about to make things a great deal more complicated and perhaps even cripple this new, innovative, and promising industry. It’s a pretty textbook example of how good intentions can lead to the economic… you know...

Sudan's Crypto Tax: Is This the End for Africa's DeFi Dreams?
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Sudan's Crypto Tax: Is This the End for Africa's DeFi Dreams?

Is Sudan inadvertently strangling the very lifeline it sorely needs? The new crypto tax regime seems like a truly harebrained blunder. It risks stifling the nascent DeFi ambitions in not only Sudan, but the entire African continent. We must address, on an immediate level, the human cost.Crippling Innovation or Necessary...