Global Stock News

Han Dong-hoon Calls for at Least Two-Year Delay to Crypto Tax, Says Overseas Trading Data Must Come First

Han Dong-hoon Calls for at Least Two-Year Delay to Crypto Tax, Says Overseas Trading Data Must Come First

  • Former People Power Party leader Han Dong-hoon said the planned virtual-asset tax due to take effect next year should be delayed by at least two years.
  • He said differing national timelines for implementing CARF could prompt investors to move assets to overseas exchanges or decentralized finance services if domestic taxation begins first.
  • He also stressed the need during the two-year delay to discuss detailed taxation standards, including second-phase virtual-asset legislation and the loss carryforward period.

Forecast Trend Report by Period

Loading IndicatorLoading Indicator

Photo: Lee Sol
Photo: Lee Sol

Former People Power Party leader Han Dong-hoon said South Korea should postpone a planned tax on virtual assets, due to take effect next year,…

Source link

Share this article

Scroll to Top