As a result of the upcoming elections, South Korea has decided to postpone the introduction of taxes on cryptocurrency profits. The government had originally planned to tax 20% of profits from crypto investments over 2.5 million won ($1,875) in January 2023. However, due to the current political situation, the implementation of these taxes will be delayed.
Last updated: April 10, 2024 02:17 EDT |…
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Authorities in Cheongju want to confiscate any cryptocurrency that owes the government at least $750 worth of crypto taxes. Cheongju in South Korea, the capital…
1 minute read South Korean tax officials in the city…
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