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Paju City, South Korea, collects 100 million won in local taxes by seizing virtual assets

Paju City, South Korea, collects 100 million won in local taxes by seizing virtual assets

CointimeCointime2024/07/29 08:25
By:Cointime

Paju City in South Korea has seized virtual assets from taxpayers and collected 100 million won (72,000 US dollars) in local taxes. Seizing virtual assets is a proactive tax collection measure aimed at individuals who have the ability to pay but intentionally conceal virtual assets to evade taxes.

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