COINTELEGRAPH · 2026-11-05 09:35 UTC

South Korea seeks 4th crypto tax delay, targets 2029 start

South Korea's government proposes delaying cryptocurrency tax implementation to 2029, marking the fourth postponement from the original 2022 date. The 22% tax on annual crypto gains exceeding 2.5 million won would now align with US information exchange under CARF framework starting in 2029. Government plans to introduce loss carryforward provisions and submit tax amendments during parliament's 2027 session, with guidelines in first half of 2028.

Loading the story on Tree News…