Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
Coinnounce 2021-07-26 08:03:38

South Korea to tighten crypto regulations to check tax evasion.

According to the Reuters report, South Korea is looking to tighten a crackdown on tax evasion by cryptocurrency investors and high-income earners. The government is seeking fresh revenue to cover rising welfare costs, its finance ministry said on Monday. The government proposes revising tax codes so that tax authorities will be able to seize cryptocurrencies […]

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.