The gift tax could be levied on the person who receives the airdrop, the official said in response to a query on the matter. The recipient will have t
The gift tax could be levied on the person who receives the airdrop, the official said in response to a query on the matter. The recipient will have to file a tax return within three months of the airdrop and tax will be levied at 10%-50%, the report said. The tax will be considered on a case-by-case basis, an official from the tax industry told Digital Times.
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