South Korea Denies Rumors of 10% Tax on Cryptocurrency Trading Profits


The South Korean government’s Ministry of Strategy and Finance has refuted a recent news report that claimed authorities are preparing to levy a 10% capital gains tax on cryptocurrency profits. On June 22, domestic media outlet Chosun cited a ‘high-ranking government official’ to claim that the government was preparing to slap a flat 10 percent

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Posted by Samburaj Das on June 25, 2018 @ https://www.ccn.com/south-korea-denies-rumors-of-10-tax-on-cryptocurrency-trading-profits/

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