South Korean regulators target Bithumb in new probe

1 year ago

South Korean National Tax Service bureau launches an probe connected Bithumb, according to section reports.

South Korean regulators people     Bithumb successful  caller   probe

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The South Korea-based cryptocurrency speech Bithumb is nether a “special taxation investigation” by the country’s National Tax Service (NTS), according to section reports.

On Jan. 10 taxation agents raided the exchange’s office successful the country’s superior metropolis Seoul arsenic a portion of a compliance investigation. The probe was carried retired by the 4th Bureau of Investigation of the Seoul Regional Tax Service, which specifically investigates “special taxation investigations”, arsenic opposed to modular ones.

Previously, Bithumb was nether a peculiar taxation probe successful 2018 by the NTS, done which it won astir $64 cardinal successful income tax.

This communicative is processing and caller details volition beryllium added arsenic much accusation becomes available.

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