Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply to crypto transactions. Bithumb Seeks to Nullify Tax Bill […]

Flybe has dismissed reports it received a payment holiday of up to £100m from the government. The regional carrier said it has agreed a payment plan with HM Revenue and Customs (HMRC) for “less than £10m”. It said the arrangement would be for a “matter of months” before the tax and duties are paid off.