#southkoreaseekscryptotaxdelayuntil2029 South Korea plans to delay its cryptocurrency gains tax by two more years, pushing the start date to 2029. Finance Minister Lee Hyoung-il announced the proposal on Thursday. This marks the fourth time the government has postponed the tax measure.
Officials cited the need for extra time to set up smooth tax systems and sync with global reporting standards. If approved by lawmakers, the planned 22% tax on annual crypto gains over 2.5 million won will start in 2029.
$BTC $ZEC $UNI
Officials cited the need for extra time to set up smooth tax systems and sync with global reporting standards. If approved by lawmakers, the planned 22% tax on annual crypto gains over 2.5 million won will start in 2029.
$BTC $ZEC $UNI
