Incoming House Financial Services Committee Chair Asks Secretary Yellen to Delay Crypto Tax Provision

2022-12-16 00:54

Rep. Patrick McHenry, the soon-to-be chair of the House Financial Services Committee, wrote a public letter to Treasury Secretary Janet Yellen asking her to delay the implementation of the tax provision in last year's infrastructure law.

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Источник: coindesk.com

delay tax → Результатов: 18

South Korea postpones 20% tax on crypto gains to 2025

The delay comes just a couple of months after newly elected president Yoon Suk-yeol promised to work on regulations first.

2022-7-22 14:35	Cryptocurrencies
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South Korea Postpones Crypto Tax, Looking For Votes?

South Korean National Assembly Strategy and Finance Committee approved an amendment to delay to 2023 the taxation that imposes an annual 20% capital gains tax for crypto trading with over 2.5 million Won (US$2,125) in earnings, just after the same taxation had been rushed to happen in 2022 as the lawmakers said postponing it would […]

2021-12-4 02:58	Taxes
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South Korean lawmakers inch closer to deal to delay crypto tax by one year

The long debate in the country’s legislature could soon be over meaning cryptocurrency gains made in South Korea may not be considered taxable events until 2023 at the earliest.

2021-11-30 04:36
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Will South Korea delay bill dealing with tax on crypto gains

In recent times, regulators in South Korea have taken significant steps to make sure the crypto space is well regulated. From cracking down on "unlicensed" exchange platforms to implementing tax on crThe post Will South Korea delay bill dealing with tax on crypto gains appeared first on AMBCrypto.

2021-10-11 17:00	News
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South Korean Opposition Challenges Crypto Tax, Pushing for Delay Until 2023

The opposition party in South Korea’s National Assembly is looking to revise the recently announced enforcement on cryptocurrency taxes. The post South Korean Opposition Challenges Crypto Tax, Pushing for Delay Until 2023 appeared first on BeInCrypto.

2021-10-12 16:13
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South Korean opposition set to tackle controversial crypto tax law

Opposition lawmakers are seeking a one-year delay in the enactment of the law as well as a lowering of the tax burden on crypto traders.

2021-10-11 12:31
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South Korean crypto tax delay thwarted

The crypto tax will begin for South Koreans in 2022 but some industry observers say there is no cause for concern.

2021-10-2 06:53	tax
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Cryptocurrency Tax Dispute in South Korea Reaches Boiling Point

South Korea’s crypto industry is currently in the midst of a significant dispute with the government as the topic of taxation continues to rage on. Following a possible delay in the government’s proposed tax code, a lawmaker has come out to declare that he won’t be backing down.

2021-9-18 18:06	Legal & Regulation
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Korean Finance Minister vows to fight moves to delay the crypto tax code

The ruling party is planning to attempt a postponement of the crypto tax laws but the Finance Minister is not for turning.

2021-9-17 05:58
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South Korean Government to Start Taxing Crypto Trading Profits in 2022

The South Korean government has issued an amendment to introduce tax on cryptocurrency trading profits. The plan is now a reality after several attempts to delay it by lawmakers. New Rules Impose 20% Tax on Crypto Profits Per Asia Today, the legislative notice details that the amendment will be enacted in February, and profits from […]

2021-1-9 13:15
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South Korea to delay new tax regime on cryptocurrencies until 2022

The postponement follows a successful lobbying campaign by local crypto advocates.

2020-12-1 12:43	Law
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South Korean Lawmakers to Delay Cryptocurrency Tax Rule Implementation Till 2022

The South Korean lawmakers are reportedly making plans to push a three-month delay on the imposition of a tax law amendment bill that the government had proposed on virtual currencies. The bill aims to impose income tax on investments in cryptocurrencies like Bitcoin, ETH, and the likes and have been enforced to commence from October […]

2020-11-26 00:23	South Korea
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Korea’s National Assembly Suggests Delaying Income Tax Rule on Crypto Assets to Jan 2022

South Korean lawmakers have allegedly proposed to delay the upcoming income tax rule on crypto-assets by three months from its scheduled commencement date in October 2021. According to the Dong-a Ilbo, a South Korean media which first reported this news, the law might come into effect later in January 2022.

2020-11-26 20:59	Legal & Regulation
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South Korea May Delay Crypto Income Tax Rule to January 2022

Continue reading at Coinspeaker

2020-11-25 17:02
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South Korea May Delay Implementation of 20% Crypto Tax Till 2022

The National Assembly is pushing for a delay to the tax proposal to allow exchanges more time to prepare.

2020-11-25 14:25	CoinFlash
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South Korean government to delay crypto tax rules by three months

Following lobbying by the Korean Blockchain Association, crypto exchanges have extra time to implement a new tax infrastructure.

2020-11-26 13:37	Taxes
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Coronavirus Could Delay 2019 Cryptocurrency Tax Filings and Payments

Cryptocurrency investors in the United States who scored wins in 2019 can delay filing and payment on their taxes for 90 days. The announcement came from the Trump administration, allowing taxpayers to delay payments up to $1 million individually.

2020-3-24 05:10	The United States (USA)
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Canada Delays Regulation of Cryptocurrencies and Blockchain Companies

The Canadian government has postponed the release of its final regulations for cryptocurrency and blockchain companies. The final published regulations were due this fall, but the government now says they won’t be published in the Canada Gazette until late 2019.

2018-8-28 20:18	Regulation
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2022-12-16 00:54

delay tax → Результатов: 18

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