View full page at cryptocraft.com

 

Gov't seeking to levy taxes on virtual currency

From koreatimes.co.kr

The government is seeking to impose taxes on capital gains from transaction of virtual currencies, including bitcoin, according government sources, Sunday. The Ministry of Economy and Finance confirmed it is pushing for the measure to be reflected in tax regulations next year. "Related discussions have been taking place," a ministry official said. "The revised bill will be drawn up by the first half of next year." A move to pass a related bill has also been taking place at the National Assembly. A bill on enhancing the transparency of the trading of virtual assets awaits passage at sub-committee level. If the bill ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis