08 Jan Shanghai explainer on taxation of digital currency transaction drives speculation on potential easing of China’s crypto ban
Posted at 11:30h
in Asia
The explainer, “Common Misunderstandings Regarding Personal Income Tax on Business Income and Categorised Income”, became widely circulated on Sunday after it was published on WeChat by the Shanghai tax service on Thursday. It cited a 2008 statement by the State Taxation Administration (STA).That prompted...