South Korea don confirm 22% crypto tax from Jan 2027 on profits

South Korea don confirm say dem go start 22% crypto tax from January 2027, wey go apply to retail crypto gains and make exchanges report. The tax go cover profits wey pass 2.5 million won (~$1,800) every year. Above that level, investors go pay 20% national income tax plus 2% local tax, make am total 22%. How dem go implement am na by reporting and withholding systems wey dem dey prepare with National Tax Service and big exchanges like Upbit, Bithumb, Coinone, Korbit, and Gopax go support am. Authorities also classify money wey people dey make from transferring and lending virtual assets as “other income” under the new rules. For cross-border activity, government point to foreign financial account reporting and the global CARF framework. Dem reject claim say double taxation go happen, talk say crypto capital gains tax and VAT on exchange service fees na different things. Some important details still never final like separate tax standards for staking rewards, airdrops, and lending income. Traders suppose watch how the reporting timeline and income classification go affect post-tax returns and e fit make demand shift to foreign venues before the 2027 deadline.