POPA ReconNational Tax Service, digital asset management division established, “Coin taxation starting next year”
National Tax Service, digital asset management division established, “Coin taxation starting next year” Original article According to the current income tax law, from January 1 of next year, income generated from transferring or renting virtual assets will be classified as other income and taxed. A total tax rate of 22%, including other income tax (20%) and local income tax (2%), is applied to virtual asset income exceeding 2.5 million won.
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