The South Korean government’s Ministry of Strategy and Finance has refuted a recent news report that claimed authorities are preparing to levy a 10% capital gains tax on cryptocurrency profits. On June 22, domestic media outlet Chosun cited a ‘high-ranking government official’ to claim that the government was preparing to slap a flat 10 percent
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Source: CCN.com
Original Post: South Korea Denies Rumors of 10% Tax on Cryptocurrency Trading Profits
