South Korea’s crypto tax plan is nearing completion with a 2027 enforcement launch and 2028 filing debut.
The National Tax Service will start accepting filings in May 2028, following a year of taxing virtual asset income.
A comprehensive system is being developed to track crypto transactions and connect with exchanges by 2028.
South Korea is entering the final stage of its multi-year effort to tax digital assets. Following three legislative delays, the National Tax Service (NTS) confirmed this week that systems are being fast-tracked to support a 2027 enforcement launch and a May 2028 filing debut.
Park Jeong-yeol, Director General of the Individual Taxation Bureau, confirmed the timeline during a briefing in Sejong. He said,…
