South Korea to tax inherited and donated digital currencies starting 2022
South Korea’s tax agency will use data from the Big Four exchanges to determine the daily average price upon which it will determine the tax to impose.
Latest National Tax Service News
South Korea authorities to do more to tackle digital currency tax evasion
The National Tax Service has identified some 2,400 suspected tax evaders relying on digital currencies to hide their assets, thought to amount to over KRW36.6 billion.
Bithumb takes $69M crypto tax bill to South Korea court
Bithumb has filed a complaint with a court in South Korea, as it seeks to nullify a $69 million bill from the country’s tax agency.