The South Korean National Assembly failed to convene the full meeting scheduled for today on the issue of cryptocurrency taxation
According to News1, due to disagreements between the ruling party and the opposition in South Korea, the Strategic and Finance Committee of the Korean National Assembly was unable to convene a full meeting scheduled for November 29. The meeting is expected to discuss tax reform, including postponing taxation on virtual assets, relaxing inheritance tax, and adjusting dividend income taxation. Although the ruling party proposed advancing 11 non-controversial tax bills, it was reported that the opposition rejected this approach.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cobie: Has held ZEC since 2016 and has not participated in paid promotions
Data: A certain whale opened a 20x Bitcoin long position worth approximately $19.22 million
Yala: We have noticed the community's concerns regarding the stablecoin YU and are actively investigating.