South Korea recovers 33.9 billion won in cross-border tax arrears over nine months, to receive overseas crypto asset reports starting next year

Odaily Odaily Planet Daily News Since the launch of the new system in July 2025, the National Tax Service of South Korea has recovered 33.9 billion won in tax arrears through cross-border tax cooperation over the past nine months, accounting for the majority of the total cross-border recovery since 2015.

The report states that starting next year, South Korea will receive virtual asset transaction data from 56 countries under the new crypto asset reporting framework, and plans to exchange information on overseas real estate holdings and transactions starting from 2030. (The Korea Times)