South Korea's Virtual Asset Tax Plan Sparks Fairness Debate

South Korea's decision to implement a tax on virtual assets next year has reignited discussions on fairness following the repeal of the financial investment income tax. According to NS3.AI, the opposition People Power Party has announced plans to reassess the tax system. Meanwhile, the National Tax Service has indicated that the existing law is being prepared to tax income generated from 2027, with initial filings expected in 2028.