Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    MicroStrategy Upsizes IPO to $1B for Bitcoin Purchase

    Trump Media Plans $12 Billion Bitcoin Investment

    Trump Media Raises $12 Billion for Bitcoin Acquisition

    Strategy Increases Stock Offering to Acquire Bitcoin

    Bitcoin Long Positions Liquidation Reaches $262 Million

    Samson Mow Urges Elon Musk to Reconsider Bitcoin Strategy

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Elon Musk’s X Partners with Polymarket for Prediction Platform

    Bittensor Achieves Record 118 Active Subnets in Decentralized AI

    Bittensor Reaches 118 Active Subnets Milestone

    Bittensor Sets Record with 118 Active Subnets

    World Liberty Financial Issues Cease-and-Desist to TRUMP Coin

    Solana Price Fractal Speculates $400 Target for SOL Token

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

The Ukrainian Authorities has Proposed a New Cryptocurrency Tax law

Joshua T. by Joshua T.
October 12, 2018
in Finance & Blockchain, Latest News
Cryptocurrency tax revise

Source: bitcoinexchangeguide.com

Report coming from Ukraine has it that the Ukranian Ministry of Finance is looking into revising its policies in relations to Cryptocurrency tax. The ministry has proceeded to propose a digital asset tax bill.

Two Work Group Approach

The ministry has shown its seriousness towards the pursuance of a revised Cryptocurrency tax bill by making sure that not only one, but two work groups are created to help conduct extensive research on how to make the process a smooth one for both the government and the investor. Once the two work groups are done with their research, the ministry noted that a presentation will be made to the Expert Council. The reason for this is to ensure that nothing got missed. The expert council are made up of industry specialist with years of experience on the subject matter. This will make it convenient for the ministry to tap from their wealth of experience.

Revising Past Bills

Initially, a bill was proposed by the house of Parliament, in which 23 members of the house added their signature. This bill states that a tax rate of 5% will be charged on organizations and individuals with access to virtual assets like cryptocurrencies and tokens. For cryptocurrency related business, which are making profits, a cryptocurrency tax of 18% will be charged to them.

Other Countries Revising Cryptocurrency Tax Laws

Other countries like Israel, for example, has also been looking into way through which cryptocurrency tax laws can be convenient for investors. As a result of this, the deputy head of Israel’s tax bureau made an announcement that the government is well prepared to consider an alternative to the first in, first out (FIFO) system for taxing cryptocurrency-related earnings. This prevents any form of capital flight the crypto investment community of the country is experiencing due to the tax laws.

Tags: CryptocurrencylawtaxUkraine
Previous Post

Smartlands Based on The Stars to Transform the Game of the Sector Through a Partnership with Colliers International

Next Post

Coinbase Pro adds its First Ethereum-based Token 0x to its Platform

Joshua T.

Joshua T.

Related Posts

Elon Musk’s X Partners with Polymarket on Prediction Platform

by Solomon M.
June 6, 2025

Elon Musk's X collaborates with Polymarket, integrating prediction markets and AI analytics for enhanced insights.

Elon Musk’s X Partners with Polymarket Platform

by Adriana M.
June 6, 2025

Elon Musk's X teams up with prediction platform Polymarket for cutting-edge market insights.

Apple, Google, X, Airbnb Exploring Stablecoin Payments

by Solomon M.
June 6, 2025

Apple, Google, X, and Airbnb consider stablecoin payments integration, driving crypto market interest.

Binance’s Tigran Gambaryan Departs After Detention in Nigeria

by Adriana M.
June 6, 2025

Tigran Gambaryan leaves Binance, impacting financial compliance leadership amid evolving regulatory environment.

ARK Invest Acquires $373M Circle Shares on IPO Debut

by Solomon M.
June 6, 2025

ARK Invest purchases $373 million in Circle shares during its NYSE IPO.

ARK Invest Acquires $373M Circle Shares on IPO Day

by Solomon M.
June 6, 2025

ARK Invest buys $373M in Circle shares as the company goes public, impacting crypto markets.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.