Crypto Incomes attract 19.5% tax in Ukraine

Crypto Incomes attract 19.5% tax in Ukraine

In the absence of dedicated regulation, income generated through the cryptocurrency activities such as mining and trading attract 19.5% tax in Ukraine as revealed by an official from the Finance Ministry in Kiev. Investors are free to classify their digital assets as property or financial assets. The deputy finance minister expressed classification of crypto as intangible property under Civil Code.

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