South Korea weighs fourth crypto tax delay to 2029, report says
CIE News ·
Based on reporting by The Block; not yet independently confirmed.
South Korea is considering postponing its cryptocurrency gains tax for a fourth time to 2029 to match the United States' CARF adoption schedule, according to The Block.
South Korea is reportedly weighing a fourth delay to the implementation of its cryptocurrency gains tax, with officials considering a new start date of 2029, according to a report cited by The Block. The proposed postponement seeks to align the nation's taxation schedule with the United States' integration of the OECD's Crypto-Asset Reporting Framework (CARF).
Key facts
- Fourth crypto tax delay weighed
- Proposed start date of 2029
- Aligning with U.S. CARF rollout
Read the original at The Block