Terra Luna Classic Community Adopts Proposal to Implement Simplified Tax Processing Procedures
2024-11-03 08:59:58
Terra luna classic community pass implement simplify tax officedesk3cryptocurrencydesktopCrypto News
The Terra Luna Classic community has a 93.43% approval rate through the "Implementation of Simplified Tax Processing Procedures" proposal. The proposal aims to simplify the tax system on the Terra Classic chain. The Reverse Charge mechanism will allow taxes to be deducted directly from the transaction amount before being credited to the recipient's wallet, so there is no need for complex tax management for DApp and interface developers.
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