Bulgaria Investigates Crypto Exchanges For Taxes, Asks 10% on Profits

Bulgaria. Shutterstock. The government of Bulgaria has started to investigate crypto exchanges to demand taxes from the profits investors generated from trading digital assets. The National Revenue Agency (NRA) has categorized cryptocurrencies as financial assets, which incur a 10 percent tax on profit that individuals have to disclose annually. Two Major Issues of Bulgaria’s Crackdown…

Continue reading