Assessment: Bithumb can win the dispute with the South Korean tax authorities

2020-7-28 11:11
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According to legal information and insider trading, the South Korean cryptocurrency exchange Bithumb could win a $ 67 million lawsuit against South Korean tax authorities, CryptoNews reported. Analysts believe Bithumb had an advantage when it came to opposing tax returns filed with the company in December. South Korean tax authorities have said in the past that foreign consumers are liable for duty-free and their business has generated a value of $ 67 million. Bithumb concluded that following a review of the legality of the tax return, he was given a "reasonableness" that the taxpayer would not be taxed.

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2020-7-28 11:10