South Korea has finalized its 2026 tax reform package while keeping the planned 22% tax on cryptocurrency investment gains set to begin on Jan. 1, 2027.
Summary
- South Korea has finalized its 2026 tax reform plan without delaying the 22% crypto tax scheduled for Jan. 1, 2027.
- Annual crypto gains above 2.5 million won will be taxed at a combined 22%, with the first tax filings due in May 2028.
- Authorities said OECD crypto reporting rules will give South Korea access to overseas transaction data from 48 participating jurisdictions.
- Parliament can still amend or delay the measure as opposition lawmakers continue pushing to repeal the crypto tax.
- Financial regulators are also…
