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

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


AMB Crypto
2022-08-22 13:25:29

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 […]