South Korea’s Government is Reportedly Planning to Hit Cryptocurrency Exchanges with Tax Bills

South Korea’s Government is Reportedly Planning to Hit Cryptocurrency Exchanges with Tax Bills

South Korea’s government is reportedly hitting the country’s digital currency exchanges with tax demands in a bid to control the market. According to the Yonhap News Agency, South Korean cryptocurrency exchanges will be required to pay 22 percent of corporate and 2.2 percent of local income taxes if they had an annual income of over […]

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Rebecca Campbell

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