South Korea confirms 22% crypto tax starting January 2027: Report

CoinTelegraph2h agoUpdated 1h ago
South Korea confirms 22% crypto tax starting January 2027: Report
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South Korea's Finance Ministry officially confirmed a 22% tax on crypto gains will launch January 2027 after multiple delays. Investors earning over 2.5 million Korean won ($1,800) annually face 20% income tax plus 2% local tax, affecting approximately 13.26 million traders. The National Tax Service is finalizing guidance with major exchanges including Upbit and Bithumb.

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