🇱🇹 Lithuania just tightened crypto tax reporting under EU's DAC8 directive.
What changed:
• Stricter definitions on who counts as "reportable users"
• Service providers now have clearer (read: harder to dodge) compliance rules
This is the EU playbook rolling out country by country. If you're using CEXs or custodial services in the EU, expect more data sharing with tax authorities.
Not FUD, just reality. Plan accordingly.
What changed:
• Stricter definitions on who counts as "reportable users"
• Service providers now have clearer (read: harder to dodge) compliance rules
This is the EU playbook rolling out country by country. If you're using CEXs or custodial services in the EU, expect more data sharing with tax authorities.
Not FUD, just reality. Plan accordingly.