South Korea Bitcoin Transactions Major Line Benefits to End Benefits

South Korea Bitcoin Transactions Major Line Benefits to End Benefits
фото показано с : bitcoints.com

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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