POPA Recon🇰🇷 Crypto asset taxation proposed to be postponed for 3 years until 2030 Source
🇰🇷 Crypto asset taxation proposed to be postponed for 3 years until 2030 Source People Power Party lawmaker Jeong Seong-guk said he would propose an amendment to the Income Tax Act that would postpone the effective date of virtual asset taxation from January 1, 2027 to January 1, 2030. • Current taxation begins: January 1, 2027 • Delay plan: postponement for 3 years to January 1, 2030 • Currently, 22% tax will be imposed on profits exceeding KRW 2.5 million per year. • Taxable income is from the transfer and rental of virtual assets such as Bitcoin and Ethereum. • The People Power Party is…
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