តើ​ប្រធានាធិបតី​កូរ៉េខាងត្បូង​ថ្មី​មាន​ចេតនា​ពន្យារពេល​ពន្ធ​គ្រីបតូ​ឬ?

The newly elected President of South Korea delayed the គ្រីប taxes putting consumer protection legislation as its reason; others think he’s proving to be គ្រីប បទពិសោធ

On Tuesday, the newly elected president of South Korea, Yoon Seok-yeol, announced that he would push to postpone គ្រីប investment gains taxation until the Digital Asset Basic Act, a new regulation set, is enacted. However, the គ្រីប tax in South Korea was initially decided to come out into effect by this ongoing fiscal year, but it got a push back till 2023 last December. As reports stated, Yoon has thought to ensure that until reasonable legislation takes place for consumer protection, the law on crypto tax does not come into effect, which is expected to go by 2024.

South Korea’s president-elect has a presidential transition team working towards and exploring the available options to delay the គ្រីប tax since March. It was the same time when Yoon came into power by winning the election, and his team delayed the taxes on the basis that the legislation was insufficient in place to justify imposing the taxes on digital assets. 

Though DABA has come up with the Financial Service Commission this year and is following a series of laws that are related to consumer protections. The act belonged to the issuance of tokens, nonfungible tokens, international finance, centralized exchange or CEX listings, etc. It is related to the គ្រីប, including US president Joe Biden’s គ្រីប executive order response. 

The FSC plans through DABA to introduce an insurance system with គ្រីប as a supporting measure against hacks, unauthorized transactions, and system errors. The crypto tax legislation, which remained controversial for very long, has been delayed again, which would impose about 20% tax on the gains over the គ្រីប investments that account for above $2,100 per year in profit. 

On Tuesday, a representative from FSC said that taxing the investment income from គ្រីប-assets should be done once the legislation regarding investor protections is in place. CEO of Hashed, a prominent គ្រីប venture capital firm in South Korea, Simon Kim, agreed and said that it does not make sense to impose taxes on cryptocurrency without enacting the relevant statutes that state the scope of crypto-related businesses is vital for taxation. 

He said that without profound research about the industry and robustly implementing the strategy, raising several serious issues in taxation equity, considering an investor protection system for digital assets and promoting taxation on cryptocurrency can cause various accidents that have yet to be implemented. 

Nancy J. Allen
ប្រកាសចុងក្រោយដោយ Nancy J. Allen (ឃើញ​ទាំងអស់)

Source: https://www.thecoinrepublic.com/2022/05/04/is-the-new-south-korean-president-intentionally-delaying-the-crypto-taxes/