Quote from: michellee on Today at 06:59:22 AM

Quote from: khunyung on Today at 04:13:09 AM

Quote from: leea-1334 on July 22, 2020, 11:44:20 AM

It is not bad at all,,, I think I already saw this news though and I commented that it sounds like a really low price for tax if I am honest. Imagine if I manage to get my 1 BTC safe and Bitcoin hits 100,000$! I would be SO happy to pay 20,000$ as tax and happily keep the rest free and no need to worry. Good rate I must say.

Especially if there is no tax on crypto transactions whatsoever, then its a really great deal.

I think the Korean government won't let people not pay the tax, and they will investigate every people, no matter if they use crypto or not to pay the tax. The tax is important to them to help the government grow the country's economy, especially after their country gets attacked by the Covid-19. I hope that the government can give a fair tax to their people so they will not be a problem for everyone who has an income from the crypto trading.

Yeah they will go and file a case against those individuals that will going to violate or evade tax for it. And not only the small time violatora they will going to pursue but the government should after the big one or high profiles doing bitcoin trading. This is a good start for bitcoin industry and it will be a worldwide like betting where funds around the world will be distributed in accordance on how good a the people of that certain country do the trading.