Ukraine introduces an 18% income tax on cryptocurrencies: a step towards regulating virtual assets
#UkraineCrypto
Ukraine is making a decisive step towards the integration of cryptocurrencies into its financial system by introducing new rules for the taxation of virtual assets. The National Securities and Stock Market Commission (NSSMC) has presented a draft that introduces an 18% income tax on profits from cryptocurrencies, supplemented by a 5% military tax. These measures are aimed at formalizing the digital asset market and aligning it with international standards.