south korea taxes

South Korean Ruling Party Contemplates Postponing Crypto Tax in a Bid to Regain Younger Votes

<div class=”featured_image_container”> </div> <strong>South Korean political parties are now battling to catch younger votes amid the tough stance among higher government spheres toward digital currencies. As voters are disappointed by how parties are handling the issue, one of them has taken a step forward by talking about the forthcoming crypto tax.</strong> The Democratic Party’s Expectations …

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Tax Authority Seizes Cryptocurrencies Worth $25 Million From Hundreds of Crypto Investors in South Korea

<div class=”featured_image_container”> </div> <strong>The tax department of the Seoul metropolitan government in South Korea has reportedly seized cryptocurrencies worth about $25 million from hundreds of crypto investors with delinquent taxes. The cryptocurrencies, including bitcoin, were seized from three exchanges. The tax authority is now going after hundreds more taxpayers who are delinquent on paying their …

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