South Korea Plans to Delay Crypto Asset Gains Tax Until 2029

AI-assisted source synthesis · not an independent investigation.

On November 5, 2026, South Korean Finance Minister Lee Hyung-il announced that the government plans to work with the National Assembly to delay the crypto asset gains tax by another two years, with implementation planned for 2029. The report described this as the tax’s fourth postponement since 2022. Under the current plan, the portion of an individual’s annual crypto asset gains exceeding 2.5 million won (about $1,869) is subject to a 20% national tax rate; including the local surtax, the combined rate is 22%. The progress reported so far is that the government has proposed another delay; it does not mention whether the National Assembly has completed its deliberation or approved the postponement plan.

AI-written from reports · updated 2 hours ago

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