Post
Topic
Board Economics
Topic OP
Korea proposes 20% tax on crypto trading starting 2021
by
TNA
on 22/07/2020, 01:36:09 UTC
It's been a long time coming but it looks like they're finally here. Crypto taxes in South Korea.
Took them long enough. Honestly they don't look that bad. it's better than the capital gains threat that was being thrown around for a while.
20% on gains, minimum threshold is $2k/year, filed under income tax, starting October 2021.

https://thenews.asia/korean-crypto-tax-amendment-sent-for-review/