South Korea 2026 Tax Reform Bill Confirms Push for Crypto Asset Taxation, 22% Tax Proposed on Gains Exceeding 2.5 Million Won

TechFlow news, August 4, according to Edaily reports, South Korea announced the 2026 tax reform plan, which did not include arrangements for deferring crypto asset taxation. If the bill is passed by the National Assembly, starting from January 1 next year, the portion of annual trading gains from crypto assets exceeding 2.5 million won will be taxed separately at a rate of 22%, with the first declaration and payment expected in May 2028. This policy has been postponed multiple times previously due to insufficient supporting systems and infrastructure, and future developments still depend on the National Assembly's deliberation results.