Finland Tax Agency Updates Guidance on Taxation of Digital Currencies


The Finnish Tax Administration Oct. 7 updated guidance on the tax treatment of digital currencies to comply with recent case law. The update explains that: 1) trading digital currency is considered a taxable event for capital gains tax purposes; and 2) digital currency is considered an asset for income tax purposes. [Finland, Tax Administration, 10/07/19]

Reference:
View Guidance No. VH/1982 00.01.00 2019.

To read the full article log in. To learn more about a subscription click here.



Source link

Leave a Comment

Your email address will not be published. Required fields are marked *