Crypto Tax
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Wu Blockchain· 2026-07-30 06:28
South Korea to Enforce Long-Delayed Crypto Tax in 2027, Raising Trading Volume ConcernsSouth Korea will begin taxing crypto gains on January 1, 2027, as scheduled, Deputy Prime Minister and Finance Minister Koo Yun-cheol said, ending speculation over another delay. Annual gains exceeding KRW 2.5 million will face a 20% separate income tax, rising to 22% with local taxes. Koo said shortcomings could be addressed after implementation. The tax, originally due in 2022, has been postponed three times and may fur ...