Changes to the 'crypto tax deferral' tax code are out of reach and will be appealed on November 26.

The tax meeting of the Ministry of Strategy and Finance of the National Assembly discussed the modification of the income law on November 25, including the deferral of the tax on income from virtual assets. , but government officials attended and failed to reach an agreement. always against. The subcommittee will discuss the matter again on November 26. Professor Dong-Jun Cha from the Finance Department of Jingpu University believes that this bill will go through debate on November 26. If the economy and the economy protest (delay), there is no way to protect the law, ”he said. From January 1, 2022, South Korea will announce a 20% tax on virtual assets earned over 2.5 million won. This has led to controversy among investors in their 20s and 30s that unfair taxes compare to income taxes. As of January 1, 2023, 20% of tax revenue has been paid out of income of 50 million won. (Forecast)