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The Ministry of Finance of South Korea: What is the significance of levying capital gains tax on cryptocurrencies and levy capital benefits?

4 thoughts on “The Ministry of Finance of South Korea: What is the significance of levying capital gains tax on cryptocurrencies and levy capital benefits?”

  1. The Ministry of Finance of South Korea said that they will levy capital, benefit capital, and benefit capital. The simple understanding is the profits you earn through the capital in your hand. If you have money, you use money to give birth to money. This is called capital gain.
    The people can understand that there are 10 million in my hands. I use this 10 million to buy stocks, and then the price increases, I make money. Generally speaking, the dividends given by the company are deducting part of the difference you earned. It is also affected by the rules of transaction. The proportion of this levy in China is not high. However, the acquisition of capital gains in developed countries is relatively high because they are called capitalist countries because they make money based on capital.
    The popularity of capital is to make money with money, then you have not promoted the promotion of social productivity. Simply put, I bought a Bitcoin now, and now the price is about $ 50,000. For half a year, he rose to $ 100,000. What did I pay in the process? Is it labor? Without me, I just waited. Do I have to promote the production of society? No, I earned this difference. Someone was willing to buy it after half a year. I sold 100,000 to $ 50,000. I did not have any promotion effect on the development of society, but I just made money.
    The behavior of making money with capital is to increase taxes. Developed countries are relatively high in capital gains, and more and more developed countries now collect inheritance taxes, which means that your dad's money will give you the money for you That's not all for you. He has 10 billion to you. You can't levy a part of the inheritance tax for you. It is to some extent to curb the intergenerational transmission of this capital, causing social unfairness. Therefore, there are policies and countermeasures, and more and more charity foundations have now appeared.

  2. The main significance is that this income tax can be levied a little more and can clarify some of the country's burden. In fact, the country will do such a thing for its own interests.

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