The Planning and Finance Committee of the South Korean National Assembly has postponed the discussion on the cryptocurrency tax bill

2024-11-19 12:52:47
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ChainCatcher news, the Planning and Finance Committee of the Korean National Assembly held a subcommittee meeting to discuss issues related to the postponement of cryptocurrency asset taxation, but ultimately decided to table the proposal. This decision was made to prioritize the review of other proposals, and the tabled proposals will be compiled for further discussion.

The topics discussed in the meeting included: postponement of cryptocurrency asset taxation, calculation of acquisition prices, scope of tax data submission, and adjustments to the basic deduction amount, but no conclusions were reached. Currently, there is a significant divergence between the ruling party and the opposition regarding the postponement of cryptocurrency asset taxation. If the plan proceeds as scheduled, the relevant proposals are expected to resume discussions next week.

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