✔ VERIFIED First reported by The Block · Nov 4, 02:51 UTC · updated Nov 4, 10:47 UTC
South Korea Wants Crypto Law First, Proposes Fourth Delay to 22% Crypto Tax
TLDR South Korea’s ruling Democratic Party has formally proposed delaying the country’s crypto income tax. The tax is set to start on Jan. 1, 2027, and would charge 22% on gains above 2.5 million…
Common to all reports: South Korea · Ruling Party Formally Proposes · Tax · Delay · Fourth
Confirmed by 7 sources
- The Block (crypto newsroom · US) · Nov 4, 02:51 UTC · read at the source
- The Defiant (crypto newsroom · US) · Nov 4, 02:54 UTC · read at the source
- CoinDesk (crypto newsroom · US) · Nov 4, 05:09 UTC · read at the source
- Korea JoongAng Daily (other outlet (not yet rated) · International) · Nov 4, 05:20 UTC · read at the source
- grafa.com (other outlet (not yet rated) · International) · Nov 4, 06:47 UTC · read at the source
- Bitcoin Insider (low-credibility outlet · International) · Nov 4, 08:13 UTC · read at the source
- Blockonomi (crypto newsroom · International) · Nov 4, 10:47 UTC · read at the source
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Tags: Regulation
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