South Korean lawmaker: Delaying tax laws on crypto is 'inevitable'

by Aurelia Butler 17 September 2021, 19:40 169 Views

According to a Thursday report from Naver News, Noh said the Democratic Party of Korea plans to push back against the intention of South Korea’s Ministry of Finance to tax virtual assets starting in 2022. According to the South Korean lawmaker, it’s currently too difficult to secure data to be used for taxes on crypto exchanges and through P2P transactions.

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Source: Cryptocurrency - investing.com

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South Korean lawmaker: Delaying tax laws on crypto is 'inevitable'

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