Ukraine is exploring setting cryptocurrency tax rates between 5% and 10%
According to Cryptoslate, citing local media reports, Ukraine is moving forward with the process of legalizing cryptocurrencies, and lawmakers are expected to vote on the bill in the coming months. However, there is still uncertainty about how digital assets will be taxed. Ukraine is exploring setting the cryptocurrency tax rate between 5% and 10%. However, officials are also considering adopting a standard tax framework, that is, an 18% income tax plus a 5% military tax, bringing the total tax burden on crypto income to 23%. The final decision is still under discussion, and the legislation is expected to be completed by mid-2025.