South Korea Analyzes Virtual Asset Taxation Ahead of 2027 Implementation

South Korea's National Assembly Budget Office (NABO) has initiated a study on the taxation of virtual assets. According to NS3.AI, this research comes in anticipation of a 22% capital gains tax on digital assets, set to be implemented on January 1, 2027. The study aims to explore the regulatory landscape, assess the economic and legal characteristics of digital assets, and evaluate taxation standards for non-standard transactions.