South Korea Recovers 33.9 Billion Won in Cross-Border Tax in Nine Months, to Receive Overseas Crypto Asset Reports from Next Year

Odaily reported that since launching a new system in July 2025, the National Tax Service of South Korea has recovered 33.9 billion won in unpaid taxes over the past nine months through cross-border tax cooperation, accounting for the majority of the total amount recovered since 2015.

According to reports, South Korea will begin receiving virtual asset transaction data from 56 countries next year under a new crypto asset reporting framework, and plans to exchange information on overseas real estate holdings and transactions starting in 2030. (The Korea Times)