South Korea financial authority rules that NFTs are taxable

by Aurelia Butler 23 November 2021, 22:40 99 Views

The FSC’s vice chairman Doh Kyu-sang specified that only some NFTs would be categorized as virtual assets and therefore subject to “other income” taxes, referring to those used for investment or payment on a large scale. Tax authorities are in charge of defining the full scope of taxable NFTs.

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Source: Cryptocurrency - investing.com

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South Korea financial authority rules that NFTs are taxable

Nordstrom shares tumble more than 20% as earnings fall short, hurt by higher labor costs, weak Nordstrom Rack sales

Stock futures are little changed after tech shares continue their sell-off

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