Summary
- The Ukrainian parliament reportedly passed the first reading of the bill on legalization and taxation of virtual assets.
- The draft bill reportedly includes provisions to impose an 18% income tax and a 5% defense tax on profits from virtual asset transactions.
- It was reported that if the bill is finalized, the tax burden on virtual asset investors and companies is expected to be clarified.
On the 3rd (local time), according to the virtual asset (cryptocurrency) specialized media Cointelegraph, the Ukrainian parliament passed the first reading of a bill regarding the legalization and taxation of virtual assets.
The draft bill includes provisions to impose an 18% income tax and a 5% defense tax on profits from virtual asset transactions.
If the bill is finalized, the tax burden on virtual asset investors and companies in Ukraine is expected to become more concrete.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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