Post
Topic
Board Bitcoin Discussion
Re: SOUTH KOREA NOT BANNING CRYPTO NOW - but want 24.2 percent tax?
by
machinek20
on 24/01/2018, 11:58:43 UTC
any truth to this?

seems okay or at least better than a ban?

Sounds like good news??

https://cointelegraph.com/news/s-korea-to-tax-crypto-exchanges-242-percent-in-line-with-existing-tax-policy

I think it is too big tax to be real in fact - people will organize new petition for this tax. Probably this problem will be resolved and tax will be decreased

Its way too big, its like robbing the users, but somehow I agree that putting a tax is better than banning it, at least the wealthy people will still invest in bitcoin and that could impact the price, and new petition is not always going to work, I doubt the government will response to any petition regarding to bitcoin