No, not the dollar is. Currently, profits from cryptocurren…
No, not the dollar is.
Currently, profits from cryptocurrencies (crypto assets) are subject to a combined income tax and local tax rate of up to 55%. However, a large-scale tax reform is underway to reduce this high tax rate to a flat 20% (separate taxation).
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Well that is better than nothing, I believe Singapore still offers a better deal though la~