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South Korea's nine-month cross-border tax collection amounts to 33.9 billion won, starting next year it will receive reports on overseas cryptocurrency assets

2026-04-28 10:42:45

Since the new system was launched by the Korean National Tax Service in July 2025, 33.9 billion won in unpaid taxes has been recovered through cross-border tax cooperation over the past nine months, accounting for most of the total amount recovered cross-border since 2015.

Reports indicate that starting next year, South Korea will receive virtual asset transaction data from 56 countries based on a new cryptocurrency reporting framework, and plans to exchange information on overseas real estate holdings and transactions starting in 2030.

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