Gains exceeding KRW 2.5 million (approx. $1,800) per year. Latest Legislative Developments (April 2026)
Despite the possibility of abolition, the National Tax Service (NTS) continues to build an advanced enforcement system: South Korea’s Crypto Tax Delayed Until Jan 2025
An estimated $110 billion in capital exited South Korean exchanges for offshore platforms in 2025 specifically to evade the upcoming tax. Gains exceeding KRW 2
A total of 22%, consisting of a 20% national income tax and a 2% local tax. as of April 2026
The South Korean government has officially delayed the implementation of its 22% cryptocurrency tax from January 2025 to . However, as of April 2026, new legislative efforts are underway to abolish the tax entirely before that date. Current Status of the Crypto Tax Effective Date: Currently postponed to January 1, 2027.