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Coinnounce 2020-01-20 05:58:26

South Korea is planning to impose a 20% tax on crypto incomes.

According to the Korea Herald report, the South Korean ministry of economy and finance has ordered the office of income tax to review a taxation plan for cryptocurrencies. The call for taxing cryptocurrencies has raised speculations that the government may categorize gains from cryptocurrency trading as other income.   The government may impose a 20% […]

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