CryptoThe Blockabout 2 hours ago
South Korea Delays Crypto Tax to 2029
1 min read
South Korea's ruling party proposes deferring the crypto income tax from Jan. 1, 2027 to 2029. The 22% levy on gains above 2.5 million won ($1,868.7) was first legislated in 2020. This move follows consultations with the Strategy and Finance Committee and crypto businesses to enact the Digital Asset Basic Act first.
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