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Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies

Post author:MiamiCrypto
Post published:August 3, 2022
Post category:Crypto Cryptocurrencies Cryptocurrency korea korean NTS South Korea south korean tax Tax agency tax evaders tax evasion tax payers tax service Taxation taxes

South Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resulting…

Russian Government Eyes $13 Billion in Taxes From Crypto Economy

Post author:MiamiCrypto
Post published:February 9, 2022
Post category:Central Bank Crypto Cryptocurrencies Cryptocurrency document Exchanges finance ministry Government income tax Investments law Legislation policy brief proposal Regulation Regulations Russia russian service providers tax tax payers Taxation taxes

Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government document quoted by media. The estimate comes as…