Search results for "CRS"

The Chinese tax authorities have strengthened the management of overseas Crypto Assets income collection, clarifying the standards for determining tax residents.

According to Gate News bot, it has been reported that tax authorities in mainland China are conducting cross-checks on residents' overseas income through various channels, including CRS data, forex records, and payment platforms. Currently, although Crypto Assets income has not been clearly defined legally, the tax law clauses such as "income from property transfer" already cover the relevant tax basis. Reports indicate that there have been cases of Crypto Assets trading profit recipients being pursued for tax payments. The article elaborates on the criteria for determining tax residents and tax exemption clauses, and provides practical answers to specific issues such as on-chain service compensation declaration, tax audit cycles, and burden of proof.
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4 consecutive boards Hengyin Technology: the short-term increase in the company's stock is far higher than the industry's increase

On September 26, Jinshi Data News, Hengyin Technology issued a risk warning announcement for stock trading. The short-term increase in the company's stock price is far higher than that of the same industry. The company is currently operating normally, and there have been no major changes in the company's operating conditions and internal and external operating environment recently. The company's main business is the research and development and manufacturing of financial intelligent terminal equipment, providing cash, non-cash, payment security, etc. required by banks and other customers, including but not limited to: Automated Teller Machines (ATMs), Cash Deposit/Withdrawal Machines (CRS), Large Amount High-Speed Cash Deposit/Withdrawal Machines (TCR), Intelligent Teller Machines (ITMs), and related technologies and services.
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The U.S. Congressional Research Service has proposed allowing Crypto Asset companies direct access to the main account of the Federal Reserve and other policy issues.

The Congressional Research Service released a report on Federal Reserve policies, which covers topics such as Cryptocurrency and Digital Money, and outlines some policy issues that Congress may want to consider, including whether Cryptocurrency companies should be granted direct access to the Fed's discount window and master account. In addition, the report also covers other Cryptocurrency issues, such as bank participation in Cryptocurrency business, stablecoins, and Central Bank Digital Money.
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Hengyin Technology: The main business is the research and development and manufacturing of financial intelligent terminal equipment. There is a risk of performance loss in the company.

Hengyin Technology has issued an abnormal Fluctuation announcement, but production and operation are normal, and there has been no significant change in the operating environment. The main business is the research and development and manufacturing of financial intelligent terminal equipment, implying the risk of performance loss, reminding investors to invest rationally.
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