[Opinion] “Current System Cannot Properly Levy Taxes”… Calls for a Complete Overhaul Emerge Four Months Before Virtual Asset Taxation

연합뉴스-Yonhap News Agency

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(Seoul = Yonhap News) Reporter Yoo Dong-hyun = Concerns have been raised that although the implementation of the virtual asset taxation system is just four months away, the taxation framework and infrastructure remain inadequate.

ddaily.co.kr

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[Digital Daily Reporter Cho Yoon-jung] Ahead of the implementation of virtual asset taxation next January, calls have emerged to comprehensively re-examine the current system that blanketly taxes income from the transfer and lending of virtual assets as "other income." The argument is that as transaction forms have diversified from buying and selling and exchanges to staking, lending, depositing, and airdrops, income should be classified and tax…

이데일리

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With the National Tax Service beginning preparations for the official announcement to implement the taxation of digital assets (virtual assets) starting next January as originally planned, voices calling for tax fairness have emerged even within the ruling party. Amidst calls from the People Power Party for the abolition or postponement of the tax, attention is focused on whether voices within the ruling party will grow louder in favor of "imple…

asiae.co.kr

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Opinions have been raised that a taxation method tailored to the characteristics of virtual assets should be introduced, citing issues regarding consistency and tax equity regarding the taxation of virtual assets scheduled to be implemented starting next year.