Tag: Taxing
US Representative Proposes Bill to Stop Taxing Under $200 Crypto Transactions
The bill previously recommended by Washington Representative Suzan DelBene. The goal is to exempt crypto users from paying taxes on transactions under $200. According to the Virtual Currency Tax Fairness…
South Korea Begins Taxing Crypto on Inheritance and Donations in 2022
While South Korea’s digital asset income tax scheme has been postponed until 2023, this year users will have to pay taxes on crypto assets that are inherited or derived from…