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South Korea's tax agency deploys on-chain surveillance ahead of 2027 levy

1+ week, 16+ hour ago  (426+ words) South Korea's National Tax Service is building an AI system that tracks crypto transactions and catches tax evaders. The agency kicked off the project on May 8 at the Seoul Regional Tax Office. The budget for the new AI system is…...

Crypto News
cryptonews. net > news > finance > 32827282

Germany may end tax break on one-year crypto holdings

1+ week, 3+ day ago  (313+ words) For years, Germany has been one of the most crypto-friendly countries for long-term investors. Hold Bitcoin for over a year, and profits are completely tax-free. Now that advantage may be under threat. Finance Minister Lars Klingbeil recently announced that crypto…...

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Crypto News
cryptonews. net > news > legal > 32740305

South Korea tax agency opens bidding for crypto tracing tool

3+ week, 5+ day ago  (306+ words) South Korea's National Tax Service (NTS) has opened a tender for software licenses to track virtual asset transactions as part of tax evasion enforcement, according to a government procurement notice. The notice said the contract is for "virtual asset tax…...

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