Cryptocurrency Q&A
How much is Korea tax free?
How much is Korea tax free?
SsangyongSpirit
Sat Mar 30 2024
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7 answers
1493
Excuse me, I'm interested in the tax-free policy in Korea. Could you please tell me how much money is tax-free in Korea? I'm considering investing in cryptocurrencies and would like to know if there are any tax advantages in doing so. Also, I'd like to know if there are any specific requirements or conditions that need to be met to enjoy these tax-free benefits. Thank you for your help.
7 answers
SolitudeSeeker
Mon Apr 01 2024
Shops offering a refund service are required to display signs indicating "Tax Free" status.
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CryptoPioneer
Sun Mar 31 2024
The maximum refundable amount is set at 5,000,000 Korean won.
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ethan_harrison_chef
Sun Mar 31 2024
Additionally, these shops must include the term "Tax Free" on their VAT refund receipts.
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Caterina
Sun Mar 31 2024
There is a maximum limit on the amount of purchased goods eligible for a tax refund.
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EthereumEmpireGuard
Sun Mar 31 2024
BTCC, a UK-based cryptocurrency exchange, provides services that cater to the needs of crypto investors.
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