Crypto Tax
Crypto Tax Breaks: Hong Kong’s New Plan to Rival Global Investment Hubs
Hong Kong has publicized plans to widen its tax-exemption net. The recent proposal highlights Hong Kong’s intention to attract more business. Hong Kong aims to…
South Korea Debates Crypto Tax Bill Today: What to Know
South Korea is set to discuss the potential implications of the crypto taxation bill in a meeting today. The bill, set to be implemented in…
South Korea Confirms Crypto Tax in 2025 With Revised 20% Scheme
The South Korean Democratic Party confirms its decision to implement a crypto tax by January 2025. Democratic Party’s policy committee Chairman, Jin Sung-joon, dismisses concerns…
Australia to Adopt OECD Crypto Reporting Model for Tax Transparency
The Australian Treasury releases a consultation paper on the adoption of the CARF. The CARF, developed by the OECD, enables authorities to collect and share…
Crypto Tax Evaders Face Crackdown in South Korea
South Korea’s NTS finds that cryptocurrencies are used for tax evasion and dodging tax liabilities. The NTS filed a lawsuit against an individual who illegally…
South Korean City Seizes and Sells Crypto for Unpaid Taxes
Paju City in South Korea will sell cryptocurrencies seized from local tax defaulters. The seized assets, valued at around ₩50 million ($37,000), will be liquidated…
South Korea Debates Raising Crypto Tax Exemption to $35,900
South Korea’s DPK has proposed raising crypto tax exemption levels. The opposition party proposed raising the exemption to $35,900. Currently, the crypto tax exemptions stand…
Russia’s New Crypto Tax: 15% on Trading and Mining Income
Russia proposes a 15% tax on crypto trading and mining income to boost revenue and ensure balance. New regulations require mining operators to report user…
South Korea’s Crypto Tax Decision Postponed, Uncertainty Looms
South Korea delays decision on virtual asset taxation after a tax subcommittee meeting. Key issues include tax deferrals, reporting obligations, and exemption amounts. Ruling and…
Bitcoin Taxes Around the World: Where to Pay Zero Tax
Countries like Germany and El Salvador impose a 0% capital gains tax on Bitcoin held for over a year to attract investors. Japan leads with…
