South Korea’s National Tax Service is preparing virtual asset taxation for January 2027, with a 22% levy on annual gains above 2.5 million won and data collection aimed at about 13.26 million taxpayers.
South Korea’s National Tax Service has begun preparations to tax virtual assets from January 2027. The plan sets a 22% tax rate on annual gains above 2.5 million won and includes collecting data from Upbit, Bithumb, Coinone, Korbit and Gopax. The latest report adds that the measure is expected to target about 13.26 million taxpayers, expanding the scale of the planned tax administration effort.