South Korea
Block Media
Kim Min-seok: 'Comprehensive Review of Market Conditions and Readiness for Digital Asset Taxation'
- The Democratic Party of Korea held a 'Digital Asset Taxation Party-Government Consultative Meeting' on October 28 at the National Assembly members' office building.
- Party leader Kim Min-seok affirmed the principle that income should be taxed appropriately, calling it a task that must be pursued, while calling for a comprehensive review of market conditions and preparedness ahead of the planned January taxation start.
- Some participants proposed temporarily holding off the government notice on taxation standards and speeding up enactment of the Digital Asset Basic Act before implementation.