🚨 South Korea’s 11% tax on perpetual contracts takes a dramatic turn! Ministry of Finance officially denies report—traders, take note! 🇰🇷🔥
📅 2026/11/03｜South Korean officials issue urgent clarification!
Just yesterday, reports claimed that South Korea would tax profits from U.S. stock perpetual contracts on overseas exchanges at 11% starting in 2027. Today, the Ministry of Economy and Finance officially denied those reports!
📊 ① Timeline
🔴 11/02｜South Korean media reports
South Korea is considering taxing perpetual contracts on U.S. stocks such as TSLA, NVDA, and AAPL.
💰 Reported tax rate: 11%
💵 Annual basic deduction: 2.5 million won
📅 Reported start date: 2027
🟢 11/03｜Ministry of Finance clarification
Officials stated:
❌ No decision has been made on whether to impose a tax
❌ The method of taxation has not been determined
❌ It cannot be said that the 11% proposal has been officially approved
⚠️ ② Does this mean perpetual contracts are tax-free?
No!
Officials denied that a decision to impose the tax had already been made; they did not announce a permanent tax exemption.
The relevant system may still be reconsidered in the future.
🏦 ③ South Korea’s crypto tax rules are still up in the air!
South Korea’s crypto-asset income tax, originally scheduled to take effect in 2027, is also facing discussions about a possible delay.
Some lawmakers are calling for a delay of around two years to improve relevant regulations and the oversight of cross-border trading.
💰 ④ What impact could this have on BTC and ETH?
In the short term, it may ease concerns that the new 11% tax will take effect immediately.
But this doesn’t mean BTC or ETH will necessarily rise, nor does it mean that all overseas contract trading is tax-free.
🎯 My take
Yesterday, the market was still discussing the 11% tax rate. Today, officials stepped in to deny the reports.
This is another reminder:
News can influence market sentiment, but rumors are not policy, and policy discussions are not the same as enacted laws!
When it comes to taxes and regulation in particular, traders should follow official announcements rather than relying only on headlines.
✨ “There’s never a shortage of market news. What truly matters isn’t who hears the rumor first, but who can separate fact from noise.”
$BTC
$ETH
$HYPE
#韩财政部否认永续合约征税报道
📅 2026/11/03｜South Korean officials issue urgent clarification!
Just yesterday, reports claimed that South Korea would tax profits from U.S. stock perpetual contracts on overseas exchanges at 11% starting in 2027. Today, the Ministry of Economy and Finance officially denied those reports!
📊 ① Timeline
🔴 11/02｜South Korean media reports
South Korea is considering taxing perpetual contracts on U.S. stocks such as TSLA, NVDA, and AAPL.
💰 Reported tax rate: 11%
💵 Annual basic deduction: 2.5 million won
📅 Reported start date: 2027
🟢 11/03｜Ministry of Finance clarification
Officials stated:
❌ No decision has been made on whether to impose a tax
❌ The method of taxation has not been determined
❌ It cannot be said that the 11% proposal has been officially approved
⚠️ ② Does this mean perpetual contracts are tax-free?
No!
Officials denied that a decision to impose the tax had already been made; they did not announce a permanent tax exemption.
The relevant system may still be reconsidered in the future.
🏦 ③ South Korea’s crypto tax rules are still up in the air!
South Korea’s crypto-asset income tax, originally scheduled to take effect in 2027, is also facing discussions about a possible delay.
Some lawmakers are calling for a delay of around two years to improve relevant regulations and the oversight of cross-border trading.
💰 ④ What impact could this have on BTC and ETH?
In the short term, it may ease concerns that the new 11% tax will take effect immediately.
But this doesn’t mean BTC or ETH will necessarily rise, nor does it mean that all overseas contract trading is tax-free.
🎯 My take
Yesterday, the market was still discussing the 11% tax rate. Today, officials stepped in to deny the reports.
This is another reminder:
News can influence market sentiment, but rumors are not policy, and policy discussions are not the same as enacted laws!
When it comes to taxes and regulation in particular, traders should follow official announcements rather than relying only on headlines.
✨ “There’s never a shortage of market news. What truly matters isn’t who hears the rumor first, but who can separate fact from noise.”
$BTC
$ETH
$HYPE
#韩财政部否认永续合约征税报道
