South Koreas Democratic Party pushes to implement 20% crypto tax in 2025
South Koreas Democratic Party said increasing the tax threshold to 50 million won ($36,000) would mean only big players will be affected.
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South Koreas Democratic Party said increasing the tax threshold to 50 million won ($36,000) would mean only big players will be affected.
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Profits from the sale of cryptocurrencies like bitcoin are taxable, according to two rulings by the Supreme Court of Denmark. The verdicts in the cases, which involve crypto purchases and payments as well as income received from bitcoin mining, uphold decisions of lower courts. Denmark’s High Court Considers Crypto Gains Taxable Under Current Law Profits [...]
The post Bitcoin Profits Deemed Taxable by Denmark’s Supreme Court appeared first on Crypto Breaking News.
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