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First-step analysis: cryptoasset trading in South Korea

A Q&A guide to cryptoasset trading in South Korea, including key regulations and restrictions, the legal status of exchanges and tax liabilities.

South koreaVirtual asset service providersMinistry of economyFinancial action taskKorea communications standards commissionAdjustment of international taxesSecurity agencyKorea communications commissionForeign exchange transaction actCertain financial transaction informationPresidential decreeKorea financial intelligence unitKorea internetFinancial regulation innovation projectFinancial regulation innovation meetingFinancial action task force

Q&A: tax on acquisitions in South Korea

A practical buyers' guide to tax on acquisitions in South Korea, covering the tax treatment of different types of acquisition, domicile issues and transaction taxes, among other things.

South koreaSouth koreanAdjustment of international taxesFinancial investment servicesCorporate tax actSpecial taxationCommercial actSpecial taxation actKorean civil actKorea securities depositoryCapital markets actStamp taxLocal tax actInternational taxes actAw firmsAw updates

South Korea s taxman keeps circling crypto – airdrops look to be the next target

South Korea recently announced that crypto token airdrops are subject to up to a 50% gift tax under existing laws, but what is the likelihood this rule can be applied to digital holdings?

South koreaCha dong joonLee kun heeLee jae yongMinistry of economyKyungbok universitySamsung groupHyundai motor groupAdjustment of international taxesOh at hanyang women universityHanyang women universityInheritance taxGift tax actInternational taxes actHanyang womenSamsung chairman lee

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