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South Korea financial authority rules that NFTs are taxable

November 23, 2021 by DIGIT
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Korean lawmakers plan to impose taxes on NFTs after classifying them as virtual assets.

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Categories NFTs now considered taxable virtual assets
Founder of Africa-Focused Media Firm Urges Continent’s Governments to Embrace Crypto
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  • bitcoinBitcoin(BTC)$95,438.00-1.16%
  • ethereumEthereum(ETH)$3,303.10-1.24%
  • tetherTether(USDT)$1.00-0.13%
  • rippleXRP(XRP)$2.19-1.55%
  • binancecoinBNB(BNB)$660.850.32%
  • solanaSolana(SOL)$183.740.93%
  • dogecoinDogecoin(DOGE)$0.313877-0.01%
  • usd-coinUSDC(USDC)$1.000.10%
  • staked-etherLido Staked Ether(STETH)$3,301.61-1.10%
  • cardanoCardano(ADA)$0.890.10%
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  • bitcoinBitcoin(BTC)$95,438.00-1.16%
  • ethereumEthereum(ETH)$3,303.10-1.24%
  • tetherTether(USDT)$1.00-0.13%
  • rippleXRP(XRP)$2.19-1.55%
  • binancecoinBNB(BNB)$660.850.32%
  • solanaSolana(SOL)$183.740.93%
  • dogecoinDogecoin(DOGE)$0.313877-0.01%
  • usd-coinUSDC(USDC)$1.000.10%
  • staked-etherLido Staked Ether(STETH)$3,301.61-1.10%
  • cardanoCardano(ADA)$0.890.10%