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3232Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies
https://www.digit.info/tax-agency-vows-to-go-hard-after-koreans-using-crypto-to-evade-levies/
Wed, 03 Aug 2022 11:30:06 +0000https://www.digit.info/2022/08/03/tax-agency-vows-to-go-hard-after-koreans-using-crypto-to-evade-levies/Read more]]>South Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resulting from crypto investment and trading, authorities in Seoul claim cryptocurrencies have been actively used for money laundering. Korean Citizens Accused of Investing in Crypto Assets […]
]]>Russian Government Eyes $13 Billion in Taxes From Crypto Economy
https://www.digit.info/russian-government-eyes-13-billion-in-taxes-from-crypto-economy/
Wed, 09 Feb 2022 12:00:37 +0000https://www.digit.info/2022/02/09/russian-government-eyes-13-billion-in-taxes-from-crypto-economy/Read more]]>Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government document quoted by media. The estimate comes as Russian institutions are holding discussions on the future of cryptocurrencies in the country. One Trillion Rubles to Enter State Coffers as Crypto Taxes, Russian Analysts […]