Ukrainianis taking an important step to regulate the crypto money market. The government plans to legalize and tax crypto money transactions. Tax rates are expected to vary between 5 and 10 percent within the scope of the new bill. However, up to 23 percent tax can be applied for beings that cannot be documented. This regulation can have significant effects on investors and crypto money markets.
Crypto currency tax rates are evident
Ukrainian government, crypto currency It aims to receive taxes of 5 to 10 percent of transactions. With this regulation, it is planned to strengthen the state budget and support military expenditures.
Verkhovna Rada President of the Finance, Tax and Customs Policy Committee Danylo Hetmantsevannounced that the basic text of the bill is ready. But the government Crypto Money TransactionsIt has not yet created a clear framework for how to follow.
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The bill is expected to be voted in parliament for the first time this month. However, it may take the year 2026 to be fully implemented. Kyiv City Council Member Taras Kozaka 5 percent tax rate of the people found a fair, but the government is working on a more traditional tax model, he said.
23 percent tax on crypto currencies uncertain source
Available in Ukraine tax According to the system, individuals pay a total of 23 percent tax, including 18 percent income tax and 5 percent military tax. Within the scope of the new regulation, it is stated that this tax can also be applied to the documented crypto currencies. This may mean a serious tax burden for investors. Therefore, in the future, crypto currency investors may need to prove the source of their first investments. Otherwise, they may have to pay 23 percent tax.
If lower tax rates are adopted in the crypto currency market, this can increase adoption. However, solid regulations and high tax rates may cause investors to look for alternative ways. Ukraine’s crypto currency ecosystem is in a critical turn with this new regulation.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
