South Korea
Digital Asset
People Power Party Policy Committee: "Finalize the Crypto Tax Deferral... System Overhaul Comes First"
- Park Soo-young, deputy chair of the People Power Party Policy Committee, posted on Facebook on the 26th titled "Announce the Finalized Crypto Tax Deferral."
- He argued that young, investor-heavy groups are not seeking to avoid taxes but want to pay taxes fairly once the system and institutions are properly completed.
- He cited his office's findings that the five major exchanges exchanged official correspondence with the National Tax Service 49 times, pointing to inadequate readiness of the tax administration system.