Crypto World News reports that, according to The Korea Times, the Korea National Tax Service has recovered 33.9 billion won (approximately $23 million) in unpaid taxes over the past nine months through cooperation with tax authorities in three countries. The Korea National Tax Service has currently exchanged information with 163 jurisdictions to track assets hidden overseas. The report states that starting next year, Korean tax authorities will receive virtual asset trading data from 56 countries based on a new crypto asset declaration framework. From 2030, they will also exchange information on overseas real estate holdings and transactions.

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