Professor Kang Hyung-gu calls for resetting Korea's crypto tax timeline after basic law passes
- —Kang: pass the Digital Asset Basic Act before fixing a tax start date
- —Proposal would allow verified losses to be carried forward for at least five years
- —Rules needed for staking, airdrops and DeFi income by transaction type
- —Current schedule taxes crypto gains from Jan 1, 2027, with first filing in May 2028
Why it matters: Any delay in Seoul's crypto tax regime would shift compliance burdens and reporting deadlines for Korean traders and exchanges.
Source: TokenPost
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