UK PM Rishi Sunak Revokes Tax Payments for Foreign Crypto Buyers: Details

UK, stepping into 2023 will exempt foreigners who are using local British crypto exchanges for buying cryptocurrencies from paying taxes. The tax break will apply to a non-UK resident using a local exchange to make crypto trades. An investment manager trading on behalf of a non-UK resident will also be given a relief from paying taxes on profits churned out of crypto ...