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RSS FeedsSouth Korea Considers 20% Taxation On Crypto
(WorldNews South Korea)

 
 

20 january 2020 18:21:48

 
South Korea Considers 20% Taxation On Crypto
(WorldNews South Korea)
 


South Korea stands as one of the biggest crypto economies in the world and has, as of yet, not imposed some form of taxation on the industry. This time of tax-free trading seems to be coming to an end, however, as a 20% taxation is being considered, with positive sentiments, within the Korean government. In short, the revenue earned from crypto will be reclassified as `lottery or prize-winning` in this...


 
33 viewsCategory: General > Asia > South Korea
 
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