Customs is an authority or agency in a country responsible for collecting and safeguarding customs duties and for controlling the flow of goods including animals, transports, personal effects and hazardous items in and out of a country. Depending on local legislation and regulations, the import or export of some goods may be restricted or forbidden, and the customs agency enforces these rules.
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UK tax authorities: ‘crypto assets’ are not currency or money
The UK's tax office published details that outlines its stance on cryptocurrency and digital assets, all in the name of taxation. ...
