Post
Topic
Board Economics
Re: No Crypto Taxes Until 2030: Proposes New Ukrainian Bill
by
Leyss
on 06/11/2018, 18:50:16 UTC
The bill that has been introduced in the Ukrainian parliament which proposes a halt on cryptocurrency taxation of any nature in Ukraine until the end of 2029, would definitely be something all crypto people would get behind. The questions is, how does cryptocurrency taxing work? And is there a fair way around it?
While in Ukraine, the cryptocurrency is not regulated. In its legislative body there are several quite good bills on its regulation, including those that provide for the absence of any taxation, a five percent tax and on the withdrawal of tax collection until the end of 2029. Which of them will be adopted is still unknown. In the meantime, before the adoption of relevant laws by the Verkhovna Rada of Ukraine, the government by its resolution wants to temporarily impose a tax on income in cryptocurrency in the amount of 19.5 percent. This is already decent.