Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Director of the Korean Tax Service: Will strengthen efforts to crack down on malicious tax evasion using virtual assets and other methods
2023-09-15 09:12
Odaily News Kim Chang-ki, Director of the South Korean National Tax Service, said in his speech at the 2023 National Tax Management Forum: New tax evasion based on online platforms and other malicious tax evasion will be severely punished. He also emphasized that in recent years, virtual assets such as cryptocurrency have The industry is developing rapidly, so it is necessary to strengthen cooperation between countries in order to deal with related tax evasion schemes. The forum discussed countermeasures against tax evasion on virtual assets. The Korean National Tax Service plans to review the opinions discussed, including improving legislation and establishing an international information exchange system, and embody them in policies as much as possible. (Seoul Economic Daily)