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Ukrainian Cryptocurrency Owners Must Report Their Cryptocurrencies As Intangible Assets

Roland James

Summary: The Ukrainian National Agency on Corruption Prevention (NACP) released a report March 2, which detailed how cryptocurrencies must be reported on yearly income declarations. According to the set of instructions, cryptocurrency must be reported under the “intangible assets” section, which comprises of objects with an undefined value, such as intellectual rights or brand names. By ...

The Ukrainian National Agency on Corruption Prevention (NACP) released a report March 2, which detailed how cryptocurrencies must be reported on yearly income declarations.

According to the set of instructions, cryptocurrency must be reported under the “intangible assets” section, which comprises of objects with an undefined value, such as intellectual rights or brand names.

By Roland James

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Link: Ukrainian Cryptocurrency Owners Must Report Their Cryptocurrencies As Intangible Assets   [Copy]
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