Cryptocurrency Dominates Reported Overseas Assets in South Korea: National Tax Service Report

In South Korea, a recent report from the country's tax organization, the National Tax Service (NTS), highlights the dominance of cryptocurrencies like Bitcoin (BTC) among reported overseas assets. The NTS issued an official announcement on September 20, revealing that 1,432 individuals and corpor ...

Cryptocurrency Dominates Reported Overseas Assets in South Korea: National Tax Service Report

In South Korea, a recent report from the country's tax organization, the National Tax Service (NTS), highlights the dominance of cryptocurrencies like Bitcoin (BTC) among reported overseas assets. The NTS issued an official announcement on September 20, revealing that 1,432 individuals and corpor ...

DAC8: Strengthening EU Regulations for the Digital Asset Sector

DAC8 will extend the directive's requirements to the entire digital asset sector Service providers within the Eurozone will be required to track transactor data This is how the EU intends to combat illegal activities and tax defaulters The EU Council ...