{"id":142753,"date":"2024-11-20T20:30:57","date_gmt":"2024-11-20T18:30:57","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=142753"},"modified":"2024-11-20T16:05:32","modified_gmt":"2024-11-20T14:05:32","slug":"south-korea-pushes-for-crypto-tax-in-2025-with-higher-threshold","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/south-korea-pushes-for-crypto-tax-in-2025-with-higher-threshold\/","title":{"rendered":"South Korea Pushes for Crypto Tax in 2025 with Higher Threshold"},"content":{"rendered":"

The party wants<\/a> <\/strong>to raise the threshold for taxable gains from the originally proposed 2.5 million won (approximately $1,800) to 50 million won (around $36,000).<\/p>\n

This new approach comes in response to a proposal from the People\u2019s Power Party (PPP), the ruling party, which suggested delaying the tax until 2028. The Democratic Party has criticized this deferral, claiming it\u2019s a political strategy to be used for future elections.<\/p>\n

While the proposed 20% tax on crypto earnings was initially planned to take effect in 2023, it faced strong opposition from investors and stakeholders, leading to delays.<\/p>\n