Regulation· ★★★· neutral·

Korean professor urges against further crypto tax delay, favors post-launch fixes

  • —Byun Hye-jung said repeated crypto tax delays are undesirable and clear grounds are needed
  • —Legal gaps can be addressed via interpretation and appeals after rollout, she said
  • —CARF is not a prerequisite for levying the tax, according to Byun
  • —Collecting foreign transaction data before the tax starts raises taxpayer privacy concerns
Why it matters: The decision sets the timeline for Korea's crypto tax and could affect investor migration to overseas exchanges.
Source: Bloomingbit