South Korea Recovers 33.9 Billion Won in Taxes Through Cross-Border Cooperation

South Korea's National Tax Service has successfully recovered 33.9 billion won in taxes over the past nine months through cross-border tax cooperation, according to Odaily. This amount constitutes a significant portion of the total recovered since 2015. Starting next year, South Korea will receive virtual asset transaction data from 56 countries under a new cryptocurrency reporting framework. Additionally, the country plans to exchange information on overseas real estate holdings and transactions beginning in 2030.