South Korea to Tax Crypto in Personal Wallets and Offshore Exchanges from 2027
- South Korean authorities said crypto gains held in personal wallets and on overseas exchanges will be taxed from January 1, 2027.
- Crypto income will be classified as other income, with a 2.5 million won deduction and a 20% tax rate, rising to as much as 22% including local tax.
- The National Tax Service plans to use transaction tracing tools, overseas financial account reporting, and automatic exchange of crypto asset information to improve enforcement.
- Tax standards for staking, lending, airdrops, and hard forks are still being developed.
South Korean authorities have confirmed that crypto gains held in personal wallets and on overseas exchanges will be taxed starting January 1, 2027. The Ministry of Economy and Finance and the National Tax Service said the income will be treated as other income under the tax code.
The policy includes a 2.5 million won deduction and a 20% tax rate, which can rise to 22% when local tax is included. To address enforcement challenges, the tax agency plans to use transaction tracing systems and data collected through overseas financial account reporting and automatic information exchange.
Rules for staking, lending, airdrops, and hard fork income have not been finalized. For markets, the change is likely to be neutral to slightly negative for local crypto trading sentiment, because it formalizes taxation and may reduce some speculative activity, while also adding regulatory clarity.
韩国将从2027年起对个人钱包和海外交易所持有的加密资产征税
韩国当局已确认，自2027年1月1日起，个人钱包和海外交易所中持有的加密资产收益将被征税。韩国企划财政部和国税厅表示，这类收入将按其他收入处理。
相关安排包括250万韩元的扣除额和20%的税率，若计入地方税，最高税负可达22%。为应对追踪难度，税务机构计划引入交易追踪分析系统，并通过海外金融账户申报和加密资产信息自动交换获取数据。
目前，针对质押、借贷、空投和硬分叉所得的具体征税标准仍在制定中。对市场而言，这一政策对韩国本地加密交易情绪的影响可能偏中性到略偏利空，因为它提高了合规和税务成本，但也带来了更明确的监管框架。