KuCoin is a trusted crypto exchange to buy, sell, and trade Bitcoin, Ethereum, and 1000+ altcoins—powering secure access to the Web3 economy.

Crypto Exchange | Bitcoin Exchange | Bitcoin Trading | KuCoin

<p>NEWS  📰 

Starting January 1, 2027, the National Tax Service (NTS) of South Korea is ready to apply a 20% income tax on cryptocurrency profits including those from lending and transfers. Whether held in domestic or foreign markets or in private wallets, this tax will apply independent of where the digital assets are kept. Before the tax, a 2.5 million won (about $1,850) reduction will apply, with first complete reporting for 2027 income due in May 2028.</p>

NEWS  📰 
Starting January 1, 2027, the National Tax Service (NTS) of South Korea is ready to apply a 20% income tax on cryptocurrency profits including those from lending and transfers. Whether held in domestic or foreign markets or in private wallets, this tax will apply independent of where the digital assets are kept. Before the tax, a 2.5 million won (about $1,850) reduction will apply, with first complete reporting for 2027 income due in May 2028.

NEWS 📰 Starting January 1, 2027, the National Tax Service (NTS) of South Korea is ready to apply a 20% income tax on cryptocurrency profits including those from lending and transfers. Whether held in domestic or foreign markets or in private wallets, this tax will apply independent of where the digital assets are kept. Before the tax, a 2.5 million won (about $1,850) reduction will apply, with first complete reporting for 2027 income due in May 2028.

Comment