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Taxation

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Crypto Profits Not Taxable in South Korea—Government Confirms

The government of South Korea has made it official that crypto profits are not taxable according to the country’s current tax law. The decision comes only less than a month after the country announced that it would levy taxes on profits derived from crypto assets. Crypto Profits Not Taxable in South Korea Through its Ministry [...]

Tony P.Jan 2, 20202 min read
South Korea
Tax crypto
Korean Authorities to Tax Crypto Capital Gains in 2020

The government of Korea is preparing its legal mechanisms to levy taxes on capital gains crypto-asset proceeds. The new legislation, which targets digital asset deals, is set to take place from 2020. Korea to Tax Crypto Capital Gains As reported by the Korean Times, Korea has been one of the most active grounds for crypto [...]

Tony P.Dec 9, 20192 min read
Taxation | TheCCPress