Korean Government Seeks to End Tax Breaks for Cryptocurrency Exchanges

2018-8-1 02:36

The government of South Korea is considering a revision of a law which offers considerable tax benefits to cryptocurrency exchanges. A statement by the Korean government quoted in Coindesk today states that “cryptocurrency transaction brokerage is not effective in generating added value.

” The current tax structure in Korea allows for small and medium-sized enterprises (SMEs) […].

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tax cryptocurrency government korea korean exchanges generating

Èñòî÷íèê: bitcoinwarrior.net

tax cryptocurrency → Ðåçóëüòàòîâ: 84


Ôîòî:

How to Navigate the Minefield of Cryptocurrency Taxation

National tax agencies have recently made it clear that the long arms of the law will be wielded to ensure bitcoiners pay the appropriate tax on their earnings. Motivated by surging interest in crypto, authorities are cracking the whip and instilling fear in those who have, until now, dismissed the notion that they might be […] The post How to Navigate the Minefield of Cryptocurrency Taxation appeared first on Bitcoin News.

2019-11-23 02:00


Ôîòî:

Global cryptocurrency task force closes in on sophisticated tax cheats

A global sweep of cryptocurrency tax avoidance schemes is imminent, with the number of active lines of inquiry set to nearly double – or so says a coalition of money laundering investigators from the US, Australia, Britain, Canada, and the Netherlands J5, a team of five countries formed by the US Internal Revenue Service to fight cryptocurrency-powered crimes such as tax fraud, has 60 open investigations, but the Sydney Morning Herald reports it’s now considering additional 50.

2019-6-6 14:40


Cryptocurrency Sought of as a Solution to Issues Surrounding Cannabis Tax Payments

Around this time of the year, many tax deadlines for many states and countries around the world seem to be fast approaching. Because this is going on in many places, people are naturally thinking about tax and whether cryptocurrency has any effects on the calculation and collection of tax. In some places, cryptocurrency investments became […]

2019-3-8 02:57


Ôîòî:

Japan Looks to Ease Tax Reporting of Cryptocurrency Gains and Profits

To establish a seamless tax reporting mechanism for cryptocurrency gains in Japan, the Japanese Tax Commission held a debate on October 17, 2018, per a report by the local media outlet Sankei News. Standardization of Tax Filing Process According to the report published, the Japanese Tax Commission is contemplating ways by which gains or profits on cryptocurrency trading can be.

2018-10-20 22:00


File your crypto taxes with TokenTax

Filing taxes has always been a headache. To be absolutely sure of including all the data, computing everything to the point, and calculating each figure correctly gets troublesome. It is only so troublesome in fiat money, can you imagine what it would be like to file cryptocurrency tax? Aren’t cryptocurrencies tax-free? Yes and no.

2018-6-11 16:38

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