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Ukraine Outlines Taxation Framework for Virtual Assets with 18% Personal Income Tax

  • Ukraine has proposed a taxation framework for virtual assets, including a personal income tax rate of 18%.
  • The framework considers various transaction types and draws inspiration from international tax practices.
  • Countries like Austria, France, Singapore, Malaysia, and Georgia exempt crypto-to-crypto transactions from taxes.
  • The proposal clarifies taxation for specific operations such as mining, staking, hard forks, and airdrops.

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