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2026-10-26 18:11:00 UTC

theUnhashed on Nostr: Seoul may tie crypto taxation to cross-border data readiness South Korea is ...

Seoul may tie crypto taxation to cross-border data readiness

South Korea is considering a fourth delay to its crypto gains tax, shifting the planned start from Jan. 1, 2027, to Jan. 1, 2029. The proposal is not final and still requires inter-agency consultation and possible National Assembly action.

The substantive change is tying the launch to international reporting: a bill would start taxation in the year crypto-asset information is first exchanged under the OECD’s CARF. Officials say missing U.S. trading data is a key obstacle.

The 22% rate and 2.5 million won deduction would remain. Does this improve enforcement fairness, or extend planning uncertainty for exc https://theunhashed.com/article/south-korea-weighs-delaying-crypto-gains-tax-until-2029?utm_source=nostr&utm_medium=social