According to a senior official of the Ministry of Finance of Kiev, due to the lack of special regulation, the Ukrainians will pay a 19.5% income tax on profits from cryptocurrency operations such as trade and Mining.
However, according to to the Deputy Minister of Finance of Ukraine Sergei Verlanov, the question of taxation on cryptocurrency income is very exaggerated. Everything is much simpler than it seems at first sight:
" Two types of operations are possible with cryptocurrency – mining and trading, so let's say we bought bitcoins for 1,000 hryvnias, then we got lucky and went up at 2,000 hryvnias, then we left bitcoin and credited the funds on a credit card.The change is 1,000 hryvnias.we impose an income tax, "he added, adding:" The rate is 19.5% – if this is a lot or a little, it is a rhetorical question. "
We remind you:
Election on Blockchain has been tested in Ukraine
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