Bill seeks to tax Ukraine residents 5% on crypto profits


Although the cryptocurrency market is in a disastrous state at the moment with most currencies at historic lows, the Ukranian government still sees it fit to impose a 5% tax on all cryptocurrency profits from mining or sales when these are exchanged to fiat. This is in addition to a mandatory 1.5% tax rate, which Ukranians owe the country since the beginning of a conflict in the East. The tax rate applies to both businesses and individuals who make trades, be it retail or…



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