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Will South Korea's 2025 tax law amendments include a delay in 20% crypto taxation by Mar 31, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Publication of the South Korean tax law amendments
Story
South Korea Considers Delaying 20% Crypto Taxation by Three Years to 2028
Jul 15, 2024, 05:11 AM
The South Korean government and ruling party are considering delaying the taxation of cryptocurrency investment gains from January 2025 to January 2028. The Ministry of Finance has not made a final decision and expects to release next year's tax law amendments later. The proposed delay comes after concerns were raised by the local crypto community regarding the controversial 20% crypto tax. The delay would extend the tax-free period by three years. South Korea is one of the most active and important crypto markets in the world.
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Yes • 50%
No • 50%
January 1, 2025 • 25%
January 1, 2026 • 25%
January 1, 2027 • 25%
January 1, 2028 or later • 25%
January 1, 2025 • 25%
January 1, 2026 • 25%
January 1, 2027 • 25%
January 1, 2028 • 25%
Delay to 2026 • 25%
Delay to 2027 • 25%
Delay to 2028 • 25%
No delay • 25%
Economic Concerns • 25%
Investor Pressure • 25%
Technological Advancements • 25%
Political Strategy • 25%