South Korea 2026 Tax Reform Bill Confirms Push for Crypto Asset Taxation, 22% Tax Proposed on Gains Exceeding 2.5 Million Won

According to Edaily, South Korea announced the 2026 tax reform plan, which does not include arrangements for deferring crypto asset taxation. If the bill is passed by the National Assembly, starting from January 1 next year, the portion of annual trading gains from crypto assets exceeding 2.5 million won will be taxed separately at a rate of 22%, with the first declaration and payment expected in May 2028. This policy has previously been postponed multiple times due to insufficient supporting systems and infrastructure, and the outcome of the National Assembly's deliberation still needs to be monitored.