Sentences with phrase «income around cryptocurrency»
He used an example of a association lifting large amounts of income around cryptocurrency but indeed carrying an thought of what their business is yet.
https://www.cryptocurrency.rodipex.com/ Not exact matches
During an event on Tuesday this week, Sushil Chandra, chairman of India's Central Board of Direct Tax (CBDT) confirmed that around 100,000 notices have been sent to residents who have not included their cryptocurrency investment on income tax returns.
In light of the incredible increase in the value of cryptocurrencies, the tax authorities around the world have now woken up to the fact that they can be collecting capital gains tax on cryptocurrency investment income.
According to Yujin Investment & Securities, with this rule, South Korea's one of the biggest cryptocurrency exchange «Bithumb» will be paying around 60 billion won, which will be combined of corporate and local income tax with an estimated earning of 317.6 billion won last year.