Tag: National Tax Service
South Korea’s Tax Authority Zeroes in on Crypto Assets: A Deep Dive
Discover South Korea’s recent findings on cryptocurrency as reported overseas assets and the implications for taxpayers and regulations.
Cryptocurrency Takes Center Stage in South Korea’s Overseas Asset Reports
Discover how cryptocurrencies dominate South Korea’s overseas assets and what the NTS plans to do about it.
South Korea’s Crypto Tax Delay: A Year of Uncertainty Ahead
South Korean lawmakers are likely to postpone crypto tax until 2023, raising questions on regulation and tax fairness. Explore the latest developments!
Seoul Seizes $22 Million in Cryptocurrency from Tax Delinquents
Seoul seizes $22 million in cryptocurrencies from tax delinquents as new tax laws for digital assets loom. Learn more about the crackdown!
Bithumb Takes on $68.9 Million Tax Bill: The Cryptocurrency Tug of War Begins
Bithumb faces a staggering $68.9 million tax bill, sparking legal action in South Korea’s evolving cryptocurrency landscape. Can they successfully contest it?
IFRIC Declares Cryptocurrencies Intangible Assets: What You Need to Know
IFRIC has ruled cryptocurrencies as intangible assets, impacting legal recognition and tax frameworks. Discover the implications for businesses and governments.
