DondaejiDelight
Fri Jun 07 2024
|
7 answers
1812
Is South Korea postpones 20 tax on crypto gains to 2025?
Could you please clarify for me the recent news about South Korea's decision on cryptocurrency taxation? It's been reported that the country has postponed the implementation of a 20% tax on crypto gains. Is this indeed the case? If so, when was the original date for this tax to take effect, and why has it been pushed back to 2025? What are the potential implications of this postponement for the cryptocurrency market in South Korea, as well as globally? Would this move encourage more investors to engage in crypto trading, or might it have the opposite effect? And finally, are there any other key details or considerations that I should be aware of in relation to this tax postponement?
