South Korea is planning to impose taxation on cryptocurrency

in #kr7 years ago

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The Government of Korea is planning to impose the taxation on the transaction of the cryptocurrency.

The Korean Finance Minister said that the Government is considering what kind taxes can be imposed on what value.

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The Korean Finance Minister said the Government is only considering this to tackle the fluctuation of virtual currency and very soon they announce a comprehensive package of step to tackle the speculative investments in cryptocurrencies.

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By this taxation I personally think that the value of the crypto currency will go more up because it will be legal if you give the tax :)

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yes bro i am agree with South Korea and china are planning to impose taxation on cryptocurrency.