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PPP Lawmaker Lim Lee-ja Urges One-Year Delay to Crypto Tax; NTS Chief Says He Will Follow National Assembly Decision

PPP Lawmaker Lim Lee-ja Urges One-Year Delay to Crypto Tax; NTS Chief Says He Will Follow National Assembly Decision

  • People Power Party lawmaker Lim Lee-ja said the planned January rollout of virtual-asset taxation should be delayed by another year because the computerized taxation system is not fully ready.
  • Lim said unclear tax standards for transaction types including staking, airdrops, hard forks, and DeFi could trigger taxpayer backlash and create tax blind spots.
  • National Tax Service Commissioner Lim Kwang-hyun said preparations would proceed in line with the National Assembly’s decision on the timing of tax enforcement, and that limits on overseas exchange data could be addressed through the introduction of CARF.

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Photo: National Assembly Broadcasting screenshot
Photo: National Assembly Broadcasting screenshot

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