Crypto tax in South Korea
No crypto gains tax in force. A 22% effective rate starts 1 January 2027.
- Short-term rate
- 0%
- Long-term rate
- 0%
- Treatment
- No tax on gains
- Currency
- KRW
Caveat Pending, not yet applied: a 22% rate is scheduled from 1 January 2027.
How South Korea taxes crypto
South Korea does not currently tax individual crypto gains. The levy has been postponed repeatedly since 2021 and is now confirmed to start on 1 January 2027, when annual gains above 2.5 million won will be taxed at 20% plus local tax, giving an effective 22%. First filings are due in May 2028. Until then, disposals by individuals are untaxed. Opposition legislation to scrap the tax entirely is still live, so treat the 2027 date as firm but not immovable.
The same rate applies however long you held.
A 10,000 KRW gain, settled
| Held | Rate | Taken | Kept |
|---|---|---|---|
| Short-term | — | — | 10,000 |
This is the arithmetic the app runs on your device. Real liability depends on your residency, income, allowances and how the authority classifies your activity. Treat it as an estimate and check with a qualified adviser before you act.
Elsewhere in Asia
| Jurisdiction | Short-term | Long-term |
|---|---|---|
| Hong Kong | — | — |
| Indonesia | — | — |
| Laos | — | — |
| Macau | — | — |
| Malaysia | — | — |
| Maldives | — | — |
| Singapore | — | — |
| Thailand | — | — |
Headline rate last checked 31 July 2026 · methodology