News list for " asset tax"
Senator Cynthia Lummis wrote on the X platform: "The United States is a leader in financial innovation, thanks to President Trump for keeping the United States in this position, and is currently working on amendments to the'Big and Beautiful 'Act to ensure that Americans can use digital assets with peace of mind without fear of tax violations." According to market analysis, amendments to Cynthia Lummis' "Big and Beautiful" bill could exempt bitcoin payments from capital gains taxes.
The South Korean government has announced that it will postpone the implementation of the new virtual asset tax regulations until January 2025 to address the issue of tax burden and regulation clarification for individual investors. According to the new regulations, from 2025 onwards, the law will include income tax for residents, withholding tax for non-residents, and gift tax for virtual assets. The extension mainly affects income tax for resident individuals and withholding tax for non-reside...
