South Korea Bitcoin Transactions Major Line Benefits to End Benefits

South Korea Bitcoin Transactions Major Line Benefits to End Benefits

2018-8-1 11:31

Taxes

The South Korean government has announced a new set of tax law amendments.
Under this proposal, bitcoin exchanges will no longer be eligible for income and corporate tax deductions currently enjoyed by small and medium-sized businesses.
The regulators have also been considering imposing capital gains tax on the sale of cryptocurrencies.
Japan Confirms Entrance Into the Crypto Space
Stripping Away Tax Benefits
The South Korean government has announced its proposed Revised Tax Law 2018.
News1 explained that crypto exchanges “have been considered as venture companies or small and medium-sized businesses for tax purposes until now,” allowing them to benefit from considerable income tax deduction.

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Источник: bitcoints.com

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Uzbekistan Looks to Lure Crypto Exchanges With New Tax Benefits

Uzbekistan's government is looking to attract crypto exchanges with a number of tax and regulatory benefits, according to a presidential order.

2018-9-6 20:35
tax benefits exchanges uzbekistan crypto regulatory presidential

South Korea Plans to End Major Tax Benefits for Bitcoin Exchanges

The South Korean government has announced a new set of tax law amendments. Under this proposal, bitcoin exchanges will no longer be eligible for income and corporate tax deductions currently enjoyed by small and medium-sized businesses.

2018-8-1 09:55	Virtual Currency
tax bitcoin exchanges south major plans benefits

Korean Government Seeks to End Tax Breaks for Cryptocurrency Exchanges

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.

2018-8-1 02:36	News
tax cryptocurrency government korea korean exchanges generating

Korean Government Seeks to End Tax Breaks for Cryptocurrency Exchanges

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.

2018-7-31 03:05	Cryptocurrency News
cryptocurrency tax government exchanges korean korea breaks

Фото:

South Korea’s amended tax system does not offer any major benefit to Crypto transactions

Although the government has considered tax rebates to blockchain firms, crypto exchanges have been exempted from the tax perks. On Monday, the South Korean government proposed some changes to the existing law structure.

2018-7-30 19:05	Startups
tax crypto government considered south structure exchanges

South Korea’s Revised Tax Structure Gives No Major Benefits To Crypto Exchanges

Although the government has considered tax rebates to blockchain firms, crypto exchanges have been exempted from the tax perks. The post South Korea’s Revised Tax Structure Gives No Major Benefits To Crypto Exchanges appeared first on CoinSpeaker.

2018-7-30 17:12
tax exchanges crypto revised gives south structure

Фото:

The Korean government is paying taxes

Cryptocurrency exchanges in South Korea may soon lose eligibility for significant tax benefits currently granted to smaller companies. A proposed revision to the existing tax law, announced by the South Korean government on Monday, would exclude crypto exchanges from the category of startups or small and medium enterprises (SMEs) that can claim a tax cut

2018-7-30 16:02
tax south exchanges government korean crypto category

Фото:

South Korean authorities to deprive cryptocurrency exchanges of tax benefits

The government of South Korea considers necessary to exclude cryptocurrency exchanges from the category of legal entities with tax privileges. The reason is insufficient added value of such business.

2018-7-31 14:41	News
exchanges south cryptocurrency tax business privileges entities

Korean Government Seeks to Strip Tax Perks From Crypto Exchanges

Cryptocurrency exchanges in South Korea may soon lose eligibility for tax benefits currently granted to smaller companies and startups.

2018-7-30 12:00	Republished
exchanges tax lose benefits eligibility currently smaller

Фото:

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2018-7-21 04:03
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