bibibi.ccLoading…
Connect scattered updates into a story you can understand.
The South Korean government plans to October 20 discuss the virtual asset tax planned for implementation next year with five exchanges and DAXA, and hear industry views. The industry says taxation standards and infrastructure for staking, airdrops, and DeFi remain to be improved.
South Korea’s deputy prime minister said that opinions from the National Assembly, experts, and the industry will be heard, and the virtual asset taxation policy originally scheduled for implementation in 2027 year will be assessed cautiously; the relevant tax revenue will need to be estimated after the filing system is launched.
Greece plans to tax cryptocurrency capital gains at 10%; individuals’ annual gains of 500 EUR or less are proposed to be tax-exempt, and the bill is expected to be November submitted to Parliament for review.
PANews published an article discussing AI how large-scale corporate debt issuance could increase U.S. fiscal financing pressure, and suggesting that related successful companies could face higher tax burdens.
According to reports, Jeong Jeom-sik, floor leader of South Korea’s largest opposition party, the People Power Party, called for reconsideration of the virtual asset taxation originally scheduled for next year’s January Implementation and advocated its postponement or abolition.