Tax Rules Revision in South Korea to Benefit Blockchain Startup

Blockchain Startup in South Korea

The South Korean government has announced to amend the existing tax rules to benefit the blockchain start-up. The regulators have proposed to reduce the threshold for companies to claim tax reduction benefits. The tax rates are to be reduced for the “new-growth technologies” in 11 areas, as reported by CoinDesk Korea.

Leave a Reply

Your email address will not be published.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