South Korea's AI Tax System for Crypto Profits
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
South Koreas tax authority is set to deploy AI to monitor cryptocurrency earnings, aiming to implement a tax on digital asset gains starting January 2027. The AI system, to be developed by a chosen contractor, will analyze vast transaction data to detect unreported income and tax evasion, collaborating with other agencies to combat evasion.
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