S. Korea mulls ‘gift tax’ for airdrops

The South Korean Ministry of Strategy and Finance on Monday cleared that virtual asset airdrops, staking rewards and hard forked tokens would be subject to a gift tax under the Inheritance and Gift Tax Act despite the postponement of crypto gains tax to 2025. Cryptocurrencies are officially referred to as part of virtual assets under South Korean law. In response …

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How to Make the Most of It

If you have your credit score above 800, congratulations. This demonstrates to lenders that you are an exceptional borrower and places you well above the average US consumer score. In addition to bragging rights, a credit score over 800 can qualify you for better offers and faster approvals when applying for new credit. Here’s what you need to know to …

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What to Look For From MRNA

Key points to remember Analysts estimate EPS at $4.55 versus $6.46 in Q2 2021. Revenues are expected to grow at a slower pace as the global pandemic subsides. On July 29, Moderna received an order from the US government for 66 million doses of its vaccine, with an option to purchase an additional 234 million doses. Moderna, Inc. (MRNA) saw …

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Want to Retire in Five Years? What You Must Know

The last five years before you retire can be among the most critical in terms of retirement planning, as you need to determine during this period if you can really afford to leave your job. The determination will highly depend on the amount of preparation you have done to date and the results of that preparation. If you are financially …

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Unit Sales Definition

What are unit sales? On a balance sheet, unit sales represent the total sales of a product over a given period. This sales information is used to determine the price level at which profit can be made per unit given the actual cost of production. Key points to remember Unit sales help determine the best price for a product given …

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How blockchain intelligence can prevent Russia from evading sanctions

As pointed out by Caroline Malcolm, head of international policy at Chainalysis, the transparent nature of blockchain technology makes it relatively easy for crypto intelligence companies to track funds related to sanctioned entities. “We’re in quite a unique position because of the transparency and the permanency and the immutability of that public record,” explained Malcolm in an exclusive Cointelegraph interview. …

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SEC Form NSAR-A Definition

What is the SEC NSAR-A form? Form SEC NSAR-A was a semi-annual filing with the Securities and Exchange Commission (SEC) that recorded the financial information of investment management companies at the end of their first six months of fiscal year (FY) as part of their N – SAR form filing requirement. The form was discontinued in 2018 and replaced by …

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5 U.S. Cities Where Your Paycheck Goes the Furthest

Many factors influence where we choose to live. While how close our home is to our friends and family is a crucial deciding factor, where we decide to live is ultimately influenced by our finances. The two main factors that influence where we live are the cost of living and the income potential in a given area. The problem with …

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