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No More Delays…Government Reaffirms Implementation of 'Virtual Asset Taxation' in 2027

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Key summary

2 min read
  1. The government reaffirmed that crypto asset taxation will begin on Jan. 1, 2027, with no further delay.

  2. Deputy Prime Minister Koo Yoon-cheol restated the plan in the National Assembly, and the finance ministry is leaning toward excluding another postponement from the tax revision bill.

  3. However, key details remain unfinished, including the National Tax Service’s system readiness and tax calculation standards.

  4. The final rollout still depends on parliamentary debate later this year, as the opposition has filed bills to scrap or delay the tax.

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