Lee Hyung-Il: "Broadly Gathering Diverse Opinions on Virtual Asset Taxation"

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Deputy Prime Minister Lee Hyung-il stated that he would gather opinions from experts and the industry regarding the taxation of virtual assets scheduled for next year. The National Assembly demanded a review, raising concerns about a lack of infrastructure and market contraction, while the government acknowledged the difficulty in estimating tax revenue and promised a cautious approach.

연합뉴스-Yonhap News Agency

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(Seoul = Yonhap News) Reporter Yoo Dong-hyun = Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il stated on the 6th regarding the taxation of virtual assets, "Along with the various opinions raised in the National Assembly, experts..."

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Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il foreshadowed the announcement of a National Tax Service notice regarding virtual asset taxation, stating that he would gather broad opinions on the matter. If the virtual asset notice is pushed through as scheduled, difficulties are expected over the taxation. With calls for a postponement of virtual asset taxation emerging even within the ruling party, attention is focused o…

asiae.co.kr

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Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il, regarding the taxation of virtual assets scheduled to be implemented next January, stated, "Along with various opinions raised in the National Assembly, there are diverse interests from experts and the industry."

ddaily.co.kr

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[Digital Daily Reporter Kim Nam-gyu] Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il agreed with the direction that the real estate tax system should shift from a transaction tax to a holding tax. Regarding the taxation of virtual assets scheduled to be implemented next year, he showed a cautious stance, stating that he would “broadly gather opinions.” On the 6th, during the parliamentary audit of the Ministry of Finance …