Discussions held today regarding a potential fourth postponement of the cryptocurrency tax in South Korea concluded without a final resolution. While authorities have already pushed back the implementation of this policy on three separate occasions, the current lack of a decision means the existing timeline remains firmly in place.
Unless new legislative adjustments are introduced, the taxation framework will officially take effect on Jan 1, 2027. Under these upcoming rules, investors will face a 22% levy on any annual profits that exceed the 2.5M won threshold.
Additionally, a specific provision has been established for calculating the cost basis of digital assets that you already possess. When determining your taxable gains, the baseline cost for your current holdings will be assessed using the greater of two values: your initial purchase amount or the market price of the assets on Dec 31, 2026.
Unless new legislative adjustments are introduced, the taxation framework will officially take effect on Jan 1, 2027. Under these upcoming rules, investors will face a 22% levy on any annual profits that exceed the 2.5M won threshold.
Additionally, a specific provision has been established for calculating the cost basis of digital assets that you already possess. When determining your taxable gains, the baseline cost for your current holdings will be assessed using the greater of two values: your initial purchase amount or the market price of the assets on Dec 31, 2026.