Virtual asset taxation to be implemented as planned in 2027 Source
Virtual asset taxation to be implemented as planned in 2027 Source As the government does not include a plan to defer virtual asset taxation in the 2026 tax reform plan, taxation is expected to begin on January 1, 2027 according to the current law. • Virtual asset income taxation to be implemented from January 1, 2027 • Basic deduction of 2.5 million won • Separate taxation at 20% tax rate • Up to 22% including local income tax • The implementation of existing taxation has been postponed three times. • The government's position is that it will first implement and then supplement necessary a…
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