Coinnounce
2020-07-15 09:59:23

South Korean regulators seek to impose a 20% tax on cryptocurrencies.

According to local reports, the South Korean government is seeking to impose a 20% tax on digital currencies. The East Asian country has been working on digital currency taxation for several months now. Earlier, the Ministry of Economic and Finance proposed amendments to the tax bill to see the government impose income tax on cryptocurrencies. […]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer