Tag: crypto tax

Cryptory.net - Tax experts provide insights on the perspective of the Internal Revenue Service (IRS) regarding profits from cryptocurrency trading, gifting of cryptocurrencies, mining rewards, and other related matters.

According to local media, South Korean officials disclosed that the current law could impose a “gift tax” on crypto airdrops.

Indian crypto traders are now facing with 30% income tax and 1% tax per transaction on crypto trades, forcing a slump in exchange volumes.