South Korea's cryptocurrency tax implementation rules remain unclear; every step of swapping BTC for USDT on overseas exchanges may be taxed.

According to Korean media MK, the annual tax reform plan previously announced by the South Korean government did not include a proposal to further delay the taxation of virtual assets (cryptocurrencies), which means the 2027 taxation schedule stipulated by current laws will likely remain unchanged. According to the current South Korean "Income Tax Act", income from virtual asset transfers and lending will be classified as "other income" starting from 2027. Investors can enjoy an annual tax exemption of 2.5 million Korean won, with the excess portion subject to a 20% income tax plus an additional 10% local income tax, resulting in a comprehensive tax rate of 22%.