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South Korea seeks fourth delay to 22% crypto tax, targets 2029
South Korean authorities are seeking a fourth postponement of the 22% tax on crypto gains, with 2029 now the target start date. The previous plan was January 2027.
HighRisk Media Newsroom, , 1 min read · Читать по-русски
South Korea is again asking to delay the introduction of tax on income from digital assets. According to Cointelegraph, the proposal concerns a 22% tax on crypto-asset gains, and authorities are seeking a fourth postponement. The outlet reports that the new target start date is 2029.
Notably, shortly before this, the government had confirmed the earlier plan to begin taxing crypto income in January 2027. The timeline has now shifted by several years. The report does not specify the reasons given for the latest delay or the steps required to approve it.
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