Trending...
- Freedomtech Solutions creates 'Global Data Centre Network (IDCN)'
- Naperville: Downtown Parking Garage Fire Sprinkler Line Upgrades Begin on April 27
- Chicago: Mayor Brandon Johnson Joins Airport Partners to Celebrate Start of Vertical Construction on the New Concourse D At O'Hare
Only 1.76% of global investors report their digital assets to tax authorities, according to a new report by crypto tax calculator Divly. This massive compliance gap leaves millions at risk as frameworks like 1099-DA, DAC8, and CARF drastically increase visibility.
STOCKHOLM - illiNews -- New research from crypto tax platform Divly suggests crypto tax compliance remains strikingly low worldwide.
In the Global Cryptocurrency Taxation Report 2026, Divly estimates that only 1.76% of crypto owners declared their assets to tax authorities, equivalent to roughly 1 in 57 globally. In absolute terms, the report's medium scenario points to about 5.3 million declarants versus roughly 301 million crypto owners across the markets studied, while even the high scenario rises only to 3.00% compliance.
More on illi News
The study combines official declarant counts from nine countries with modeled estimates for other markets in a 31-country dataset. Among the countries analyzed, Japan ranked highest at 19.78%, followed by Norway at 14.63%, while Germany stood at 7.71% and the United States at 5.13%.
The Closing Window for Crypto Compliance
The timing matters. In the US, Form 1099-DA is pulling more 2025 digital asset transactions into the 2026 filing season, while in Europe DAC8 and the OECD's CARF are pushing 2026 crypto activity into formal reporting pipelines that begin reaching tax authorities in 2027.
The gap between current compliance and future visibility means millions of investors are largely unprepared for what comes next. Once these automated reporting pipelines are fully active, the shield of pseudo-anonymity will disappear, leaving non-compliant users exposed to unprecedented regulatory scrutiny and mounting tax liabilities
In the Global Cryptocurrency Taxation Report 2026, Divly estimates that only 1.76% of crypto owners declared their assets to tax authorities, equivalent to roughly 1 in 57 globally. In absolute terms, the report's medium scenario points to about 5.3 million declarants versus roughly 301 million crypto owners across the markets studied, while even the high scenario rises only to 3.00% compliance.
More on illi News
- Karen D. Gentry Announces New Book Focused on Relationships and Personal Growth
- New Investigative Analysis Performed on Kevin Riley's Transition From Newsroom to Advisor at Sage
- New plusOne Research Finds the Orgasm Gap Is a 30-Point Chasm — and Confirms It Isn't Biology
- CCHR Report Links 145 Violent Incidents to Psychiatric Drug Exposure, Urges National Oversight and Action
- Food Journal Magazine Unveils Its Latest 'Best of Los Angeles' Culinary Discoveries
The study combines official declarant counts from nine countries with modeled estimates for other markets in a 31-country dataset. Among the countries analyzed, Japan ranked highest at 19.78%, followed by Norway at 14.63%, while Germany stood at 7.71% and the United States at 5.13%.
The Closing Window for Crypto Compliance
The timing matters. In the US, Form 1099-DA is pulling more 2025 digital asset transactions into the 2026 filing season, while in Europe DAC8 and the OECD's CARF are pushing 2026 crypto activity into formal reporting pipelines that begin reaching tax authorities in 2027.
The gap between current compliance and future visibility means millions of investors are largely unprepared for what comes next. Once these automated reporting pipelines are fully active, the shield of pseudo-anonymity will disappear, leaving non-compliant users exposed to unprecedented regulatory scrutiny and mounting tax liabilities
Source: Divly
0 Comments
Latest on illi News
- Atelier 411 Studios and Columbus Fashion Council Present Red Carpet Experience at Gateway Film Center for The Devil Wears Prada 2
- Hazel E Celebrates Birthday with Luxury "Goddess" Yacht Experience in Marina del Rey
- Joseph Neibich sits down with Bold Jounrey (aka Joseph Nybyk)
- AI Suite 360 Launches Done-For-You AI Implementation to Rescue SMBs from the "Frankenstein Tax"
- CX Network Releases Report on the Best AI Support Tools for SaaS Companies 2026
- Outlier Pest Season Hits Willamette Valley as Mild Winter Drives Early Surge in Ant and Rodent Activity
- Chicago: Mayor Brandon Johnson Announces Appointment of David Glockner as Inspector General
- From Potential to Proficiency: Celebrating Growth and Creative Problem Solving at VGA
- Chicago: Mayor Brandon Johnson Breaks Ground on Southbridge Phase 1C, Advancing 80 New Affordable Homes in the South Loop
- Lokal Media House Wins Web Excellence Award for Black Plumbing Redesign
- Chicago: Mayor Brandon Johnson Signs Peacebook Executive Order, Establishing Year-Round Youth Peacekeeping Program
- Lick Expands Flavored Massage Oil Collection with 10 New Indulgent Cream-Inspired Scents
- New Research Identifies "Vacation Compatibility Gap" as the Hidden Force Shrinking How Long and With Whom Americans Travel
- Melospeech Inc. Awarded New NYSDOH BEI Contract in New York
- Five-star Review for Berklee School of Music Textbook
- Janie's Art Journals Selected to Showcase at Inaugural Fiber+Fabric Craft Festival, May 1-3, 2026
- Chris The Wiz Releases "Fly In"
- Chicago: CTA Celebrates Start of The Historic Red Line Extension Project by Breaking Ground at The Future Michigan Avenue Station
- Mayor Brandon Johnson, City Of Chicago, And Community Partners Celebrate Arbor Day with Tree Planting Event
- Documented Pattern of Racial Bias Linked to Former Newspaper Editor Spans Two Major U.S. Newsrooms