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South Korea Confirms January Crypto Tax Start Date

By Markets Desk · 2026-09-13 · Updated 2026-09-13 05:55 UTC
A digital wallet icon floating above a stack of physical coins
Illustration: Tradingbird

South Korea has confirmed a 20 percent crypto tax starting in January, with finance minister nominee Lee Hyoung-il now indicating that specific implementation details will be published before year-end under an 'other income' framework to ensure filing simplicity.

  • According to GN markets/crypto (en-US), nominee Lee Hyoung-il has stated that detailed tax guidelines will be finalized via a National Tax Service notice before year-end, reaffirming the classification of crypto profits as 'other income' to preserve taxpayer-friendly deductions.

    Source: bloomingbit.io

  • Finance minister nominee Lee Hyoung-il confirmed the 20 percent crypto tax will begin next January.

    Source: The Korea Times
Based on reporting by The Korea Times and bloomingbit.io, compiled by the Tradingbird desk.

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