South Korea Faces Fresh Push To Delay Crypto Gains Tax Until 2029
Summary
South Korea’s planned 22% tax on cryptocurrency gains is scheduled to take effect in January 2027, following three previous postponements. Finance officials are expected to meet major exchanges on October 20 to discuss whether reporting systems and cost-basis calculations are ready. A legislative proposal would tie implementation to OECD crypto-asset data sharing and potentially defer it until 2029, but no further delay has been approved. The current deadline remains in force unless lawmakers change the law.
