South Korea plans new crypto tax guidelines next month

South Korea's National Tax Service (NTS) has announced plans to issue cryptocurrency tax guidelines in November 2026, ahead of the country's scheduled 22% tax on qualifying digital asset gains beginning January 1, 2027. South Korea's tax authority expects to publish cryptocurrency taxation guidelines in November before implementation begins. Cryptocurrency income taxation is scheduled to begin January 1, 2027, following three previous implementation delays. Investors face a combined 22% tax on qualifying annual cryptocurrency gains exceeding 2.5 million won. Tax officials are reviewing how staking, airdrops, hard forks, and decentralized finance transactions should qualify.