South Korea: Crypto-airdrops might soon be subject to Gift Tax

2 years ago 103
According to a report by South Korean news agency Yonhap News, virtual asset transfers for free are subject to gift tax. This, as per the guidance of the Ministry of Strategy & Finance in the country.  Only last month, the ministry had postponed its decision to tax asset gains tax to 2025. Cryptocurrency transactions to be […]
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