Kazakhstan May Tax Crypto Mining at a Flat-Rate of 15%.
08 Aug 2020, 01:06
Kazakhstan May Tax Crypto Mining at a Flat-Rate of 15%
To deal with the COVID-19 crisis, the government of Kazakhstan aims to impose a 15% flat-rate tax on crypto mining. Government is looking to regulate crypto mining activities in accordance with new electricity tariff rules. Enforced tax revenues would help to rebuild the nation’s “infrastructure” which has been gravely damaged due to the recent global crisis.
#kazakhstan
#cryptomining
#blockchain
#tax
#cryptocurrency