Herald Economy reported that ahead of the implementation of virtual asset taxation in January next year, the National Tax Service has not established tax standards for various types of income. Profits earned through overseas exchanges are also practically impossible to tax in regions other than the 56 countries participating in the Crypto-Asset Reporting Framework (CARF), raising concerns about tax equity and capital flight. According to a written response submitted by the National Tax Service to Rep. Song Eon-seok's office (People Power Party) on the 9th, there are no tax standards for virtual asset income types such as staking, lending, airdrops, hard forks, and NFTs. In response to a query asking about 'tax standards, scope, acquisition value, and acquisition cost calculation methods' for these income types, the National Tax Service replied, "We are collecting overseas legislative cases and expert opinions regarding whether virtual asset income is subject to taxation and how acquisition costs are calculated." It was also revealed that tax standards for decentralized finance (DeFi) have not been established.
