#southkoreaseekscryptotaxdelayuntil2029
South Korea is considering postponing the planned tax on crypto gains from 2027 to 2029. The reason: crypto transaction data from the US will not be shared until 2029; officials are concerned that investors on local exchanges could face a heavier tax burden in the meantime. 🌐📊
💸 Under the current plan, certain crypto gains exceeding 2.5 million won per year will be taxed at a combined rate of 22%. However, the postponement has not yet been finalized: Parliament must amend the law for it to take effect. ⏳⚖️
$SOL $BNB $ETH
South Korea is considering postponing the planned tax on crypto gains from 2027 to 2029. The reason: crypto transaction data from the US will not be shared until 2029; officials are concerned that investors on local exchanges could face a heavier tax burden in the meantime. 🌐📊
💸 Under the current plan, certain crypto gains exceeding 2.5 million won per year will be taxed at a combined rate of 22%. However, the postponement has not yet been finalized: Parliament must amend the law for it to take effect. ⏳⚖️
$SOL $BNB $ETH
