Powered by WPeMatico
Category: crypto profits
Auto Added by WPeMatico
Albania to Start Taxing Crypto-Related Income From 2023
Powered by WPeMatico
Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions
Powered by WPeMatico
Hungary to Cut Tax on Crypto Profits in Half, Down to 15%
Powered by WPeMatico
Anonymous Dogecoin Holder Donates Profits to a Dog Shelter in Florida
Powered by WPeMatico
South Korean Politicians Won’t Be Required to Disclose Their Crypto Holdings After Proposals Failed to Pass the National Assembly
South Korean politicians won’t be required to disclose their crypto holdings or crypto-related earnings as no fewer than three cryptocurrency-related bills failed to pass the National Assembly. Proposal Submitted in November 2020 According to the Electronic Times, the bills aimed to require lawmakers and senior public servants to report all their cryptocurrency holdings and their […]
The post South Korean Politicians Won’t Be Required to Disclose Their Crypto Holdings After Proposals Failed to Pass the National Assembly appeared first on Bitcoin News.
Powered by WPeMatico
Ukrainians Advised to Pay 19.5% Tax on Crypto Incomes
In the absence of dedicated regulation, Ukrainians are expected to pay the regular 19.5% income tax rate on their profits from crypto-related activities like trading and mining, a high-ranking official from the Finance Ministry in Kiev explained. Crypto investors are free to report their digital funds as either property or financial assets. Also read: Uzbekistan […]
The post Ukrainians Advised to Pay 19.5% Tax on Crypto Incomes appeared first on Bitcoin News.
Powered by WPeMatico
New Bill Clarifies Crypto Taxation in Poland
A new draft introducing amendments regarding the taxation of crypto incomes has been published in Poland. The bill differentiates between decentralized cryptocurrencies and centralized virtual money, and clarifies the tax regime applicable to crypto trading and mining. Also read: Eastern Europe: Regulation Postponed, Tax Abandoned, Banks Enlightened Draft Distinguishes Between Cryptos and Centralized Coins […]
The post New Bill Clarifies Crypto Taxation in Poland appeared first on Bitcoin News.
Powered by WPeMatico
New Bill Proposes 5% Tax on Crypto Incomes in Ukraine
A draft law prepared by deputies and representatives of the industry aims to introduce light taxation of crypto incomes in Ukraine. Businesses and individuals will be required to pay 5% on their profits from trading and mining cryptocurrencies when exchanged to fiat. Add to that the mandatory ‘military charge’ of 1.5% all Ukrainians owe the […]
The post New Bill Proposes 5% Tax on Crypto Incomes in Ukraine appeared first on Bitcoin News.
Powered by WPeMatico
These Countries Won’t Tax Your Bitcoins Too Much
A growing number of governments can’t resists the temptation to get their hands on some of the bitcoins their citizens are making. Several states, however, think that leaving some breathing space for crypto users and entrepreneurs is a better idea in the long run. Crypto-friendly tax regimes can still be found around the world. Also […]
The post These Countries Won’t Tax Your Bitcoins Too Much appeared first on Bitcoin News.
Powered by WPeMatico