[ad_2][ad_1] The South Korean government has taken steps to provide tax relief to organizations in South Korea using blockchain technology, he said. Blockchain technology has been added to the list of tax credit departments for research and development in South Korea along with 15 other departments. The South Korean government …
Read More »Overstock to pay Bitcoin tax, Russian investment plans and more
[ad_1] For the crypto community, 2019 has not been different since 2018. While Bitcoin after celebrating a three-day honeymoon period at $ 4K is back at $ 3.6k now, Ethereum Classic, the original Ether has suffered a 51% attack. A 51% attack is a malicious miner or group of miners …
Read More »The Blockchain research now granted tax credit in South Korea
[ad_2][ad_1] The Government of South Korea has added blockchain to the research and development sectors that can benefit from a tax credit designed to promote innovation, local media in English TheNews.Asia reports the & # 39; January 8th. The local Ministry of Strategy and Finance has announced the changes proposed …
Read More »South Korea offers tax breaks to blockchain industry
[ad_2][ad_1] From February, the South Korean government is planning to give blockchain companies a tax break to encourage and promote innovation in decentralized technologies. According to The NewsAsia, the Korean Ministry of Strategy and Finance has announced that it will be added to its 2018 tax law, which sees companies …
Read More »There may be (some) tax relief options if you sold your Bitcoin to a loss
[ad_1] For investors who invested for the first time in bitcoins in 2018 or after the end of 2017, they are likely to have suffered substantial losses for the 2018 fiscal year if they have not yet sold. On December 17, 2017, bitcoins reached a record of over $ 19,000. …
Read More »The South Korean government grants a tax break to the blockchain pioneers
[ad_2][ad_1] The South Korean government is giving the blockchain industry a tax reduction in an attempt to foster innovation in decentralized technologies. The Ministry of Strategy and Finance has announced that the blockchain will be included in the amendments to the tax law of 2018, which sees companies receiving benefits …
Read More »Student transformed $ 5,000 into $ 880,000, Tax Evasion with Ethereum and Bitcoin? – BlockPublisher
[ad_1] A student's tax encryption fight November 2018 saw a post Reddit of a university student in difficulty on the subject of taxation related to encryption. The student invested $ 5,000 in the encrypted markets in early 2017. Through exchange and investment, the student turned $ 5,000 into $ 880,000 …
Read More »The Israeli tax authority is using social media to track down bitcoin tax evaders
[ad_1] Israeli bitcoiners are known to be required by law to pay a 25 percent capital gains tax, while encrypted companies must send their taxes 25 percent plus another 17 percent VAT to the authorities. However, since the bill became law, many people and businesses in the Israeli digital currency …
Read More »Tax considerations for home-based encryption
[ad_1] So you have your own mining installations installed at home. They are tearing apart and accumulating a good supply of cryptocurrency. However, there is one thing you must consider … and this is taxation More specifically, how do you manage the tax implications of profits deriving from the extraction …
Read More »The Chinese province of Yunnan closes and inspects the Bitcoin mining farms for tax purposes
[ad_1] The tax authorities in China have conducted "very strict" tax inspections and registration checks of cryptocurrency mining operations in the provinces of Xinjiang and Guizhou. Prior to the inspection, the authorities ordered the energy to be closed to the operation. The closure and lack of energy costs the mining …
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