South Korea2026.09.28Digital Asset

National Assembly's Planning and Finance Committee Reviews Crypto Tax Deferral Bills in Plenary Session

• The Planning and Finance Committee reviews two Income Tax Act amendment bills seeking to postpone digital asset taxation, at a plenary session starting 2 p.m. on the 28th.
• Rep. Jeong Seong-kook's bill proposes a three-year deferral, while Rep. Kim Sang-hoon's bill proposes a two-year deferral; both lawmakers belong to the People Power Party.
• This is the committee's second review of anti-crypto-taxation legislation, following its referral in July of Rep. Song Eon-seok's bill to abolish digital asset taxation to a subcommittee.