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Tax

South Korea back on track to roll out 20% digital currency tax by 2022: report
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26 February, 2021

South Korea back on track to roll out 20% digital currency tax by 2022: report

South Korea is reportedly bringing forward—yet again—plans for a tax on digital currency profits, which will see gains liable to...
India gov’t proposes 2 new taxes despite pending digital currency ban
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19 February, 2021

India gov’t proposes 2 new taxes despite pending digital currency ban

The measures would apply from the 2020-21 tax year, and are expected to be brought in by a circular, according...
Russian lawmakers draw up bill for digital currency tax
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18 February, 2021

Russian lawmakers draw up bill for digital currency tax

Domestic residents from Russia and elsewhere, as well as domestic and foreign organizations established in the country, will be covered...
South Africa cracks down on digital currency tax evaders
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9 February, 2021

South Africa cracks down on digital currency tax evaders

The tax agency’s audit request is the first requiring South Africans to disclose their digital currency activities, according to local...
US Library of Congress reports on digital currency staking tax
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8 February, 2021

US Library of Congress reports on digital currency staking tax

The law division of the U.S. Library of Congress’s report highlights the discrepancies in the tax treatment of digital currency...
South Korea digital currency tax on track for 2022
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12 January, 2021

South Korea digital currency tax on track for 2022

Qualifying transactions will be subject to a tax rate of 20%, according to the Ministry of Economy and Finance, which...
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