Not postponed again: South Korea’s 2026 tax reform plan retains the virtual asset taxation arrangement

Odaily News: South Korea’s Ministry of Economy and Finance has finalized the "2026 Tax System Revision Bill," which does not include a clause to delay virtual asset taxation. If passed by the National Assembly, starting next year, gains from virtual asset transactions exceeding 2.5 million KRW will be taxed at a rate of 22%, with the first filing period set for May 2028. The taxation has already been postponed three times previously, and opposition parties have proposed a bill to abolish it.