Korea's finance minister: push crypto gains tax from 2027 to 2029 — fourth delay since 2020.
• Govt will seek Assembly approval to move the 22% crypto tax (incl. local) from Jan 1, 2027 to Jan 1, 2029
• Also proposes 3-year loss carryforward so prior crypto losses can offset later gains
• Fourth delay since 2020; cites US tax-info exchange from 2029 and a pending digital asset law
Why it matters: Korean retail crypto gains stay untaxed longer if the Assembly passes the delay.
Source: Korea.kr / MOFE
Not financial advice.
💬 Delay again to 2029, or tax crypto gains on schedule?
#CryptoTax #SouthKorea
• Govt will seek Assembly approval to move the 22% crypto tax (incl. local) from Jan 1, 2027 to Jan 1, 2029
• Also proposes 3-year loss carryforward so prior crypto losses can offset later gains
• Fourth delay since 2020; cites US tax-info exchange from 2029 and a pending digital asset law
Why it matters: Korean retail crypto gains stay untaxed longer if the Assembly passes the delay.
Source: Korea.kr / MOFE
Not financial advice.
💬 Delay again to 2029, or tax crypto gains on schedule?
#CryptoTax #SouthKorea