South Korean government gives tax break to blockchain trailblazers

South Korean government gives tax break to blockchain trailblazers
фото показано с : thenextweb.com

2019-1-10 17:26

The South Korean government is giving the blockchain industry a tax break in a bid to help foster innovation in decentralized technologies. The Ministry of Strategy and Finance has announced that blockchain will be included in its amendments to 2018 tax law, which sees companies receive benefits for innovating with certain technologies, reports The News Asia.

This means companies developing blockchain technologies will be able to deduct some of the tax from their research and development (R&D) spend. The amount of tax a business will be able to deduct depends on its size. Small corporations will be able to claim…

This story continues at The Next Web

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tax blockchain able technologies companies deduct south

Источник: thenextweb.com

tax blockchain → Результатов: 103


5 Countries Team up to Combat Tax Fraud From Cryptocurrencies

A new taskforce involving five countries’ taxation regulators was announced on Monday, July 5.  The announcement by the Inland Revenue Service (USA) will aim to increase cooperation between the United States of America, the Netherlands, Australia, Canada, and the United Kingdom in order to combat crimes committed using cryptocurrencies, specifically tax evasion.

2018-7-9 14:59


Фото:

Bbva Bank Ceo Calls Blockchain ‘Immature’

Carlos Torres, CEO of Spanish bank BBVA, said blockchain technology is “not mature” and faces major challenges, el Economista reported June 18. According to Torres, the main challenges for blockchain are the “volatility of underlying currencies” and possible compatibility issues with tax authorities and financial regulators. Banco Bilbao Vizcaya Argentaria (BBVA) is a northern Spanish

2018-6-20 05:34


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