COINTELEGRAPH · 2026-10-26 16:18 UTC

South Korea lawmakers mull pushing crypto tax implementation to 2029

South Korean government officials are considering delaying cryptocurrency tax implementation from January 2027 to 2029, partly to align with US participation in OECD's Crypto-Asset Reporting Framework. The proposed tax would impose 22% on crypto gains (20% income tax plus 2% local tax) for investors earning over 2.5 million Korean won annually. The policy has faced multiple delays since its initial proposal in 2020; the National Tax Service currently lists January 1, 2027 as the start date.

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