The National Tax Service of Korea will establish a comprehensive management system for virtual assets
The Korean National Tax Service plans to build a comprehensive management system for virtual assets to prevent users from evading taxes and achieve fair taxation. The National Tax Service selected GTIC as the leading company for the virtual asset comprehensive management system project at the end of February and opened a consultation period of about four months. The system aims to effectively analyze and manage the information collected from mandatory submission of virtual asset transaction history records, and distribute system construction proposals based on the consultation results. It is planned to be launched in 2025.
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