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PPP’s Lim Yi-ja Says Premature Crypto Tax Rollout Would Create Investor Confusion

PPP’s Lim Yi-ja Says Premature Crypto Tax Rollout Would Create Investor Confusion

  • Lim Yi-ja said South Korea should not rush to implement virtual-asset taxation because the relevant rules and systems are not fully prepared.
  • Lim Yi-ja said that, with taxes planned on virtual-asset investment income, authorities should fully review issues of tax fairness with other assets such as stocks.
  • Lim Yi-ja said the Digital Asset Basic Act under discussion in the National Assembly should be aligned with the tax system, and that premature taxation could create confusion and burdens for investors.

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Lim Yi-ja, policy committee chair of the People Power Party, speaks at a policy roundtable on improving the digital-asset tax system at the National Assembly on September 21. Photo: Lee Jun-hyung
Lim Yi-ja, policy committee chair of the People Power Party, speaks at a policy roundtable on improving the digital-asset tax system at the National Assembly on…

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