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Italy is planning to tighten regulation around cryptocurrencies by taxing capital gains beginning in 2023. According to the European country’s proposed budget for next year, all digital currency profits above £2,000 will be subject to a 26% tax levy. The provisions also declared that Italian investors who declare their digital asset holding by 2023 will […]
The post Italy to impose 26% crypto gains tax from 2023 appeared first on CryptoSlate.
The meeting proposed to levy a 28 percent GST on cryptocurrencies. India plans to implement reverse charge GST on users
The ruling party of South Korea, the Peoples Power Party, is leading a campaign to extend the tax on the gains made in cryptocurrency for two more years as it promised during its campaigns before the general election this April. Herald Business Daily reported that the party wants to push forward digital currency asset taxation […]
South Koreas Democratic Party said increasing the tax threshold to 50 million won ($36,000) would mean only big players will be affected.
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