RATE Group | Ukrainian Ministry of Finance make new proposition; Cryptocurrency like Bitcoin [BTC] ca…
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Ukrainian Ministry of Finance make new proposition; Cryptocurrency like Bitcoin [BTC] ca…

09 Oct Ukrainian Ministry of Finance make new proposition; Cryptocurrency like Bitcoin [BTC] ca…

Posted at 11:34h in Cryptocurrency News by

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Recently, Ukranian Ministry of Finance proposed a Tax Bill for Digital Currencies. According to the official announcement, the ministry will establish two working subgroups to discuss and develop the problems regarding taxation of cryptocurrency transactions.

Furthermore, the findings by the working groups would be presented to the Expert Council in order to prepare general tax consultations during the fourth quarter of the current financial year. They added:

“In order to assess the possibility of preparing general tax consultations on the current legislative basis or defining the concept of changes to tax legislation”

The ministry further invited profile specialists and various experts to participate in developing these general tax consultations.

In the month of September, the parliament of Ukraine proposed a bill which stated that the government could tax operations related to the cryptocurrency assets. The report stated that 23 officials from the government…

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