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South Korea's Finance Committee Flags Digital Asset Taxation as Major Policy Issue

Regulation & Policy

2026-07-09 08:02:07

According to South Korea's National Assembly Finance Committee, on July 7, 2026, the committee confirmed digital asset taxation as a major policy issue for the second half of the legislative session. The committee published policy briefing materials outlining current tax issues under its jurisdiction. Under current income tax law, digital asset taxation is scheduled to begin on January 1, 2027, with a basic deduction of 2.5 million Korean won and a 20% separate tax rate.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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