Tag: coin tax
[Part 2] 13 Questions and 13 Answers about virtual asset tax in Korea
7. Local income tax 10%
But actually, the 20% tax isn't everything.
Taxation at 20% does not take into account the 10% local income tax.
What is...
[Part 1] 13 Questions and 13 Answers about virtual asset tax in Korea
1. Virtual Asset
Coins like Bitcoin or Ethereum are largely divided into two terms.
First, when it is called as currency like virtual currency or cryptocurrency.
Second,...
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Ruling and Opposition Parties Agree on Two-Year Delay for Virtual Asset...
The ruling and opposition parties in South Korea have agreed to postpone the taxation on virtual asset income by two years. With the Democratic...
