$98.5 Billion Cryptocurrency Reported for Tax in South Korea: What Will the Number Be in Turkey?

It was announced that South Korean taxpayer companies own a total of $98.5 billion worth of cryptocurrencies outside the country.

According to the news published by a local agency on September 20 South Korea National Taxation Bureau (NTS), taxpayer companies in reporting the country’s overseas assets this year. $98.5 billion He stated that he declared worth of crypto money.

NTS, the total of the relevant assets 1,432 company or to person company He stated that he belonged. Cryptocurrency among all reported offshore assets, data shows 70% share Registered as owner. Aforementioned 98.5 billion dollar amount 92%only part of 73 companies It was stated that it created .

Current number of companies paying taxes in South Korea 3.5 million If the total number around 24 million Although 370 thousand dollars Citizens who own assets must declare their information.

Although taxpayers have declared their assets, no taxation has occurred yet. South Korea increased the taxation of crypto assets with a decision taken last year. It was postponed to 2025.

56 billion dollars in Turkish taxpayer companies

According to the data received, in Turkey about 2 million There is a taxpayer company. in south korea 3.5 million In return for the taxpayer company located in the vicinity 98.5 Considering that there are billions of dollars of crypto money, Turkish taxpayer companies also spend a similar amount of time abroad. Around 56 billion dollars in crypto money It is thought to have.

With a legal regulation that may come in Turkey, the said amount more clearly It is expected to be learned.

Turkey is also one of the countries that stands out in the global arena from time to time in terms of investors and volume. According to a report published at the end of last month 18-60 years old More than half of Turkish citizens invest in cryptocurrencies.

Also in the report, Turkish crypto investors under the age of 30 33% of in cryptocurrencies over 100 thousand liras It was said that he had an investment.

source site-9