CAPITAL GAINS FROM CRYPTOCURRENCIES WILL NOW BE TAXABLE IN S. KOREA

Highlights –

• Capital gains from cryptocurrencies will now be taxable in S. Korea.
• The government plans to impose a 20 percent tax on capital gains of virtual assets from 2022.
• Stock and bonds investors will have to pay taxes on capita...

BIDEN ADMINISTRATION COMING UP WITH NEW PROPOSALS ON TAXING MULTINATIONAL COMPANIES

Highlights

• The President Joe Biden administration is coming up with new proposals on taxing multinational companies

• The newly-elected administration is looking to restrict the companies falling under an agreement that would deal with the challenge of taxing incom...