Tagged: capital gains

South Korean Digital Asset Investors Might Have to Pay Up to 20% in Taxes on Capital Gains from Crypto Trading

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. The country’s lawmakers have said that virtual currencies are like electronic or digital certificates of economic value that may be… Read More

Alon Muroch: CEO of Blox, a Crypto Accounting Platform, Reveals Common Accounting Mistakes Crypto Holders Make in Tax Filings

Individuals and organizations that use digital cryptocurrencies must begin reporting capital gains, and comply with regulatory guidelines. Firms must also implement appropriate auditing and accounting procedures for crypto assets and report such transactions to tax authorities.  On October 9, the Internal Revenue Service IRS released… Read More

German Crowdfunding Network & Others Warn on Proposed Capital Gains Tax Increase

The German Crowdfunding Network joined a broad coalition of business advocates last month to plead with the German government to not raise taxes on capital gains. Typically politicians are always in search of revenue (new taxes) to spend on public projects and services. Some with merit,… Read More

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