South Korea postponed the introduction of tax on profits from trading in cryptocurrencies

South Korea postponed the introduction of tax on profits from trading in cryptocurrencies

20% tax on profits from digital asset transactions in excess of 2.5 million won per year to be levied in the country from January 1, 2023. The South Korean National Assembly approved an amendment to the country's legislation that postpones the ...
1 day ago
from: The Goa Spotlight

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Bitcoin, Cryptocurrency, Finance, South Korea
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Lawmakers, likely seeking support from young voters, decided to postpone the virtual assets tax.
from: Coindesk
- South Korean Politicians Have Officially Delayed Crypto Tax
South Korean members of parliament have managed to overturn the government's bid for crypto tax. The tax will now be delayed until 2023. This ends a long saga that pitted lawmakers against President Moon-Jae's large crypto-skeptic administration.
from: Bankless Times
- Crypto Fans Build Up Their Power as S Korean Politicians Delay Crypto Tax
South Korean MPs have finally overturned the government on its proposed crypto tax plans, ending a long saga that pitted lawmakers against the large crypto-skeptic administration of President Moon Jae-in.
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- South Korea officials delay plans for 20% crypto tax to 2023 - CoinDesk
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from: The Coin Republic
- South Korea postponed the introduction of tax on profits from trading in cryptocurrencies
20% tax on profits from digital asset transactions in excess of 2.5 million won per year to be levied in the country from January 1, 2023. The South Korean National Assembly approved an amendment to the country's legislation that postpones the ...
from: The Goa Spotlight
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from: ihodl.com