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South Koreans Can Trade Crypto Tax-Free Until at Least 2023 as Delay 'Virtualy Confirmed'
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South Koreans will most likely be able to trade crypto without having to pay tax on their earnings for at least another year after politicians signed off on an amendment to a much-maligned and controversial tax plan – in a major blow to the government, which bitterly opposed talk of a delay.
Today, the National Assembly Planning and Finance Committee decided on creating a partial amendment to the Income Tax Act at a plenary session, with major media outlets reporting that this has “virtually
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