South Korea to tax capital gains on crypto transactions
The South Korean government intends to impose capital gains on crypto transactions by the first half of 2020, collecting data from crypto exchanges.
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20% fixed tax bracket in the cards for Japan’s crypto investors
Finance Minister Taro Aso has discussed the idea of reducing the tax rate paid by cryptocurrency investors in Japan.
France cuts cryptocurrency capital gains tax in half
After a fair amount of backlash, France’s Council of State now considered cryptocurrencies as movable property, which resulted in the lowering the capital gains tax to a flat rate of 19%.
Digital currency is taxable, IRS reminds taxpayers
The U.S. Internal Revenue Service has warned taxpayers about incurring penalties should they fail to report their cryptocurrency-related incomes.