POPA ReconThere was no moratorium in the government… Coin taxation in 2027, what should I prepare for? [Mblock Letter]
There was no moratorium in the government… Coin taxation in 2027, what should I prepare for? [Mblock Letter] The government announced through the 2026 tax reform plan that virtual asset taxation will take effect from January 1, 2027, and that there will be no deferral measures. Under the current law, profits earned from selling or exchanging virtual assets, as well as consideration received from lending to other people or businesses, are subject to taxation, and even when exchanging Bitcoin for Ethereum, etc., the valuation profit at the time of transaction is recognized as income. Annual i…
The excerpt is quoted from a public Telegram channel, which owns its text.