Chile Government Is Issuing Crypto Taxes To Start In 2019

MinerGate is a multicurrency mining pool with the easiest mining software, reliable 24/7 support service and helpful community at your disposal. Start mining now from your PC

The Internal Revenue Service authority also known as Servicio de Impuestos Internos, SII recently announces a section relating digital assets. This is within a form that taxpayers need to fill out for Annual Income Tax Returns.

READ MORE  Twitter and Square CEO Jack Dorsey on the Bitcoin Lightning Network

The news says that back in 2018, the Chile Government considered cryptocurrencies as not subject to VAT. This is due to their intangible assets functionality. The taxpayers in Chile are need to pay taxes about crypto earnings, swelling up their entire…

Source link


Leave a Reply

Your email address will not be published. Required fields are marked *