Articles with tag: earnings

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South Korea-based digital asset investors to pay 20% in taxes from crypto trading

15 Jul 2020 | Cryptocurrencies

South Korea’s private sector members have revealed that the nation’s citizens may have to pay as much as 20% of their cryptocurrency earnings in taxes. 

South Korea, digital assets, taxes, crypto trading, private sector, cryptocurrency, earnings, virtual currencies, electronic certificates, digital certificates, financial assets, capital gains, Financial Services Commission, financial regulator

Romania amends its tax law with 10% tax on crypto earnings

23 Jan 2019 | Cryptocurrencies

Romania has amended its tax laws, which means that the country will start taxing gains from bitcoin investments at a rate of 10%.

Romania, tax, law, cryptocurrency, earnings, regulations, holdings, legislation, income

Japanese government to tax BTC and other cryptocurrencies from 2020

06 Dec 2018 | Cryptocurrencies

The Japanese government has announced its plan to establish a system that is meant to prevent people from evading taxes on their cryptocurrency earnings.

Japan, cryptocurrencies, tax, bitcoin, transactions, earnings, income, virtual currency, trading, ID