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South Korea May Suspend Crypto Tax Again: 2029 Now the Leading Target Date

Picture: CryptoPotato

South Korea is likely to postpone its crypto income tax for a fourth time, as Newsis reported on October 26, after an official from the presidential office, also known as the Blue House, confirmed that a delay is under discussion. January 2029, when the United States is due to join the OECD’s crypto information-sharing network, is the most probable new start date. Lawmakers and the government are expected to amend the Income Tax Act during the tax law reform debate that begins in November, with consultations with relevant organizations starting as early as October 26.

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