POPA ReconThe Ministry of Finance and Economy said, "In principle, tokenized stocks are also subject to taxation, so taxpayers must report them…
The Ministry of Finance and Economy said, "In principle, tokenized stocks are also subject to taxation, so taxpayers must report them themselves," but added, "We are preparing a related system as unreported transactions can be taxed only when transaction information is secured." To this end, tax authorities are participating in the establishment of the 'Cryptocurrency Automatic Information Exchange System (CARF)' promoted by the Organization for Economic Co-operation and Development (OECD). CARF is a system that regularly exchanges virtual asset transaction information between member countrie…
The excerpt is quoted from a public Telegram channel, which owns its text.