Tags : taxes

Bitcoin

No capital taxes on Bitcoin, PR for crypto entrepreneurs

El Salvador president Nayib Bukele said in a tweet last night that investors will pay no capital taxes on Bitcoin gains, a day after announcing the asset could soon be ‘legal tender’ in the country. “No capital gains tax for Bitcoin, since it will be a legal currency,” Bukele said, responding to a tweet by […]Read More

Bitcoin

54% of Koreans say they support crypto taxes

A new survey in South Korea has shown that 53.7% of respondents support the upcoming implementation of capital gain taxes on profits from crypto trading, local outlet Yonhap News Agency reported today. Per the publication, the survey was conducted by public opinion-focused company Realmeter on 500 Koreans aged 18 and older last Friday. According to […]Read More

Bitcoin

Despite no laws, Indian minister says traders must pay taxes

An official from India’s ministry of finance said Monday that all gains from trading cryptocurrencies like Bitcoin were liable to income tax, as per a report on markets outlet Financial Express. The sector exists in a legal grey area in the country, and investors were so far (seemingly) confused about whether to declare their gains […]Read More