Colin Wu
Colin Wu|Jul 24, 2025 02:20
Will Hong Kong compliance platforms be subject to taxation on withdrawals? This @ FinTax_CN article makes it quite clear: If it is a commercial business activity (mining), the profits may be subject to profits tax If the related income is included in capital gains tax, then there is no need to tax it If an individual receives a salary, such as USDT wages, there will still be salary tax after the withdrawal If the income comes from commercial mining and other business activities, special attention should be paid to the total deduction of costs, which can be deducted as pre tax profits under certain conditions. If investors ultimately cannot enjoy capital gains tax exemption, they can also consider whether they can enjoy offshore exemption in Hong Kong. The article also clearly explains the criteria for judging compliant withdrawal platforms: holding a license; KYC is required; Clarify the custodian, etc. Full text: https://mp.weixin. (qq.com)/s/9OZ_Mi_8NK8TETxIjv5EoA
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