National Planning Committee: "No discussions have taken place regarding virtual asset taxation"

The National Planning Committee, directly under the President, has stated that there have been no concrete discussions on the implementation of taxation on virtual assets (cryptocurrencies). Previously, the committee had mentioned an intention to expand taxation to include virtual assets in its report.

According to the industry on the 24th (local time), Cho Seung-rae, spokesperson for the National Planning Committee, said during a regular briefing, "The contents included in the report are merely policy ideas, not finalized matters," adding, "It is not appropriate to consider every item as an official initiative." The related items were considered as review items prior to discussions by the Tax and Fiscal Reform Task Force (TF), and it was explained that the future priority and feasibility of these tasks would be evaluated subsequently.

Spokesperson Cho remarked, "At the TF meeting to be held on the 26th, the topics and scope of discussions will be finalized," adding, "Based on those results, we will inform you again to the extent that it can be publicly disclosed."

Meanwhile, virtual asset taxation is scheduled to be implemented from 2027.