LUNC News: Tax Handling Proposal Passed By Terra Luna Classic Community

Quick Summary:

The Terra Luna Classic community has approved a new tax handling proposal aimed at simplifying the tax system on the Terra Classic blockchain.

This "Reverse Charge” mechanism changes how taxes are deducted in transactions, making it easier for developers and users to navigate the system.

Community member Leonardo, addressed recent questions regarding the shuttle bridge and the anticipated burns.“Today, I was flooded with DMs about the repeg plan/TFL burns.

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Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: India

Topics: 24/7 Cryptocurrency News LUNC News Terra Luna Classic

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-02 @ 21:25:33 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 604 words

Reading Time: 4 minutes read

Sentences: 36 lines

Sentence Length: 17 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23371815

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 38 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

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