Ukraine is planning to introduce a tax on profits from cryptocurrency trading when the gains are withdrawn in fiat money or when cryptos are used in payment for goods and services, according to a report from local news outlet Liga.Biznes.
The proposal is included in a draft bill to be submitted before the Rada (Ukraine’s parliament). The tax will amount to 5%, and there will be an additional 1.5% for the temporary military charge. The latter was introduced in 2014 to finance the army reform and is collected from all physical residents and non-residents collecting income in Ukraine.
The draft bill will be brought up for...
Add a Comment
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.