Seoul Economy[Exclusive] Government to Review Education Tax on Coin Exchanges• The government recently met with the exchange CEOs and…
Seoul Economy[Exclusive] Government to Review Education Tax on Coin Exchanges• The government recently met with the exchange CEOs and conveyed the intention that if the exchange is incorporated in the financial insurance business due to the enactment of the Basic Digital Asset Act, there will be an issue of education tax and a role suitable for the financial business will be given. • Currently, the virtual asset trading and brokerage business is classified as an information and communication business and is excluded from the education tax. If the legal status of the coin is established by the…
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