Korean Tax Blog

Korea to Begin Taxing Crypto in 2027: Who Pays and How Much? Korea’s taxation of virtual assets is scheduled to begin on January 1, 2027, after being postponed three times. From that date, income earned from transferring or lending virtual assets will generally be subject to Korean income tax. How Will Crypto Tax Be Calculated? Tax will not be imposed on the entire amount received from selling crypto. Instead, taxable income will generally be calculated based on the actual pr