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Crypto Fans Build Up Their Power as S Korean Politicians Delay Crypto Tax
3.12.2021
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....
Read More: Crypto Fans Build Up Their Power as S Korean Politicians Delay Crypto Tax
Finance Committee Approves Legislation Delaying Crypto Tax in South Korea
30.11.2021
Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks to delay Seoul’s plan to impose a 20-percent levy on gains from crypto transactions. Ahead...
South Koreans Can Trade Crypto Tax-Free Until at Least 2023 as Delay 'Virtualy Confirmed'
30.11.2021
South Koreans will most likely be able to trade crypto without having to pay tax on their earnings for at least another year after politicians signed off on an amendment to a much-maligned and controversial tax plan – in a major blow to the government, which bitterly opposed talk of...
South Korean lawmakers inch closer to deal to delay crypto tax by one year
30.11.2021
The long debate in the country’s legislature could soon be over meaning cryptocurrency gains made in South Korea may not be considered taxable events until 2023 at the earliest
UK digital services tax targets crypto exchanges
29.11.2021
Britain’s crypto exchanges will be levied with a 2% tax which is likely to be passed on to investors warned CryptoUK
South Korean Political Parties in ‘De Facto Agreement’ over Crypto Tax Delay
26.11.2021
The protracted political struggle over the South Korean crypto tax has entered a new – and possibly decisive chapter – with the major parties reaching a “de facto consensus” over a delay that could see traders allowed to transact tax-free until 2024.
As reported, both major parties have pledged...
Australian Tax Office says it can't rely on crypto users' own records
26.11.2021
“Our main concern is that many taxpayers believe their cryptocurrency gains are tax-free or only taxable when the holdings are cashed back into Australian dollars,” said the ATO commissioner
South Korean Parliament Tries to Push Through Crypto Tax Delay, Gov’t Fights Back
26.11.2021
The South Korean government is on a collision course with lawmakers on both sides of the National Assembly on the issue of crypto tax.
The matter has become a political hot potato – or perhaps more accurately, a political hot mess – in recent months. ...
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Mixed messages on crypto tax rules create confusion in South Korea
24.11.2021
Government officials waffling about the crypto tax that's set to come into effect in 2022 has created a maelstrom of conflicting reports that even officials can’t seem to keep track of
Argentina U-Turns On Crypto Tax With New Regulation
18.11.2021
In an abrupt U-turn on an earlier stance adopted by the country’s authorities, the Argentinian government has released a decree that imposes a tax on credits and debts on transactions involving cryptoassets. The regulation was published on November 17, and the measures entered into force on...
Citizens in Argentina Might Have to Pay Crypto Taxes Depending on Location
15.11.2021
A new crypto tax paradigm is brewing in Argentina, where two provinces have now approved crypto tax laws. This means that Argentinian citizens must disclose their cryptocurrency holdings and pay taxes according to the trades they do in the provinces of Tucuman and Cordoba. This is because...
Apple CEO Owns Bitcoin Or Ethereum, Austrian Crypto Tax + More News
9.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Apple CEO Owns Bitcoin Or Ethereum, Austrian Crypto Tax + More News
Main S Korea’s Presidential Candidates Oppose Crypto Tax – But Gov’t Won’t Budge
9.11.2021
The long-running will-they-won’t-they saga of the South Korean government’s crypto tax plans has taken a fresh turn – after both of the leading candidates to become the next President in March 2022 said they were in favor of delaying or amending the tax....
Read More: Main S Korea’s Presidential...
House passes $1T infrastructure bill with crypto tax for Biden's approval
6.11.2021
The infrastructure bill was first proposed by the Biden administration aimed at primarily improving the national transport network and internet coverage
S Korean Gov’t Might ‘Eventually Raise the White Flag’ on Crypto Tax
5.11.2021
Pressure is growing on the South Korean government to back down over a controversial crypto tax law that will see trading profits over an annual total of USD 2,100 taxed at 20%.
Per the Segye Ilbo, the “dominant feeling” among analysts is that the ruling Democratic Party will try to force through...
Slovenian finance ministry seeks public opinion on crypto tax laws
27.10.2021
Slovenia's crypto tax bill proposes a 10% tax on fiat-crypto conversions and payments made with cryptocurrencies
Odds Grow That South Korean Crypto Tax Will Be Postponed
18.10.2021
Media outlets and lawmakers have been pouring scorn on the South Korean government’s much-maligned plans to introduce a tax on crypto trading from next year – with some suggesting that Seoul will have to back down from its plans.
As reported last week, the National Assembly will assess four...
South Korean Government Faces Raft of Crypto Tax Amendment Bills
13.10.2021
South Korean lawmakers are inundating parliament with crypto tax delay bills. The National Assembly’s financial committees are set to weigh up the values of four separate attempts to derail Seoul’s plans to levy 20% capital gains tax charges on all trading profits over an annual threshold of...
South Korean opposition set to tackle controversial crypto tax law
11.10.2021
Opposition lawmakers are seeking a one-year delay in the enactment of the law as well as a lowering of the tax burden on crypto traders
NFT Tax & ‘Practical Difficulties’ with Crypto Tax In Spotlight In S Korea
8.10.2021
nk" rel="noopener noreferrer" href="https://cryptonews.com/news/seoul-to-hold-firm-on-crypto-tax-launch-suggests-nft-tax-may-follow.htm">reported earlier this week, the Finance Minister and Deputy Prime Minister Hong Nam-ki insisted that the much-maligned 20% levy on crypto trading profits over