South Korea
Block Media
National Assembly Budget Office: 'Digital Asset Taxation Must First Fix Tax Base Detection and Reporting Systems'
- NABO published a report titled 'Issues and Tasks in Virtual Asset Income Taxation: Preparing for 2027 Implementation' the day before the news report (published 2026-09-17).
- Key concerns include decentralized and offshore transactions that are hard for tax authorities to trace, and unclear tax treatment for new transaction types like staking and airdrops.
- NABO urged the government to bolster tax base detection capabilities and taxpayer reporting/payment systems ahead of the digital asset taxation rollout.