South Korea confirms 2026 tax reform plan, virtual asset taxation not postponed

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According to Edaily, the South Korean Ministry of Planning and Finance has finalized the "2026 Tax Reform Act", which does not include provisions for extending the taxation of virtual assets. If passed by the National Assembly, the portion of virtual asset trading profits exceeding 2.5 million Korean won will be taxed at a rate of 22% starting next year, with the first declaration in May 2028.

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