an hour agoSaltova peace revenues must be declared, ATK comes out with an announcement
Periskopi(5 years ago)
(5 years ago)Kosovo's Tax Administration has announced all physical and legal persons that revenues realised by cryptovatlutat, such as legal or illegal income, for tax purposes are taxable. According to ATK, the tax duties for the cryptovalut income depend on what status the person has [...]
According to ATK, the tax duties for revenues from cryptovaluts depend on what status the recipient has achieved.
Whether the status of the person who has achieved such income is a non-apharist physical person or a business person, the legal provisions laid down under the Law for Personal Taxation and for realised revenues.
While the status of the person who has achieved such revenues is a legal person, he must implement the legal provisions laid down with the Law for Taxation on Corporation Futures and on realised revenues.
“Tax duties for revenues made by cryptovalouts depend on what status is in the person who has achieved income, like: If the status of the person who has achieved such income is a non - business physical person or a business person, he should apply the legal provisions defined by Law No. 05L-028 for Personal Revenue Tax and for realised incomes, apply tax rates as follows: Annual revenues from 0m to 960m 0%, annual incomes from 960m 50m 4%, annual incomes from 3,000m to 5,400m 8%, annual revenues from 5,400m on the other 10. If the status of the person who has achieved such income is a legal person, it should enforce the legal provisions stipulated under Law No. 06/L-105 for Taxation in Corporation Futures and for realised incomes, apply the next tax rate: If the person creates losses, then for such losses hold specific evidence, which should be available to ATK whenever it is required”, the statement says.
