Hong Kong Plans to Exempt Crypto Gains Tax

Quick Summary:

While several countries are imposing heavy taxes on cryptocurrency gains, Hong Kong is easing the burden.

Hong Kong plans to propose a tax exemption on cryptocurrency gains for institutional investors.

More recently, Italy’s government has stated it is considering reducing the crypto tax rate to 28% from 42% on crypto earnings.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sarala

Category: Crypto

Markets: United Arab EmiratesHong KongItalySingaporeTaiwan

Topics: Cryptocurrency Latest News Crypto Tax

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 09:58:47 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 279 words

Reading Time: 2 minutes read

Sentences: 25 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23919919

View Article Analysis

About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 32 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

Frequently Asked Questions