All by tag: Taxation

Transactions on the sale of digital assets will be subject to VAT, and the introduction of personal income tax and corporate income tax is provided for income from the sale

According to a draft law, which may take effect from 2023, individuals will pay a capital gains tax of 15%

The capital gains tax will still apply to digital assets held in investment portfolios

The regulator has proposed to include cryptocurrency mining in the All-Russian Classifier of Economic Activities

The authorities plan to impose a transaction tax and oblige global companies to register branches

Amendments to the Tax Code provide for different fees depending on the source and cost of energy consumed

The National Tax Service of South Korea has reported a debt of $78,4 million

The document defines the calculation formula and the amount of the tax

Previously, digital assets had to be held for ten years to become tax-free

The decision was taken in order to protect the rights of consumers

According to the local media, the payment process is “no different from Alipay or WeChat Pay”

The regulator calls for common rules for operating in the digital assets market