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South Korea's petition to cancel cryptocurrency taxes receives 50k signatures and is included in the National Assembly discussion agenda

MarsBitNews
According to Mars Finance, citing Korean media outlet Seoul Economy, a nationwide petition calling for the cancellation of cryptocurrency taxes has been added to the agenda of the National Assembly for discussion. The “Petition to Cancel Virtual Asset Tax” posted on the National Assembly’s electronic petition platform received support from more than 50,000 people within just eight days, meeting the requirements for submission to the standing committee for review. The petition will be handed over to the Financial and Economic Committee, which oversees the Ministry of Economy and Finance and the National Tax Service, for examination; afterward, a decision will be made on whether to submit it to the plenary session for deliberation. Petitioners believe that “since the financial investment income tax on stocks has been abolished and tax relief policies have been implemented, it is unreasonable to impose a separate tax only on virtual currencies,” and added that “the current system needs to be comprehensively reviewed, not merely supplemented in a simple way.”
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LunaCircuit
· 6h ago
Does this petition sound quite professional? Is there an industry behind it pushing it?
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DexterRamen
· 6h ago
I support canceling individual taxes, but completely zero taxes might not be realistic.
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MorandiLily
· 6h ago
Eight days, 50,000 signings; this speed is considered quite fast in South Korea.
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CatMarketAnalysisAssistant
· 6h ago
Virtual asset taxation is being explored worldwide; South Korea is considered quite aggressive.
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GateUser-4d2d061e
· 6h ago
Waiting for the plenary meeting’s review results, observing first
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ForkAndChill
· 6h ago
The National Assembly's discussion will probably take more time, just get used to it.
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NeonVortexTunnel
· 6h ago
Hopefully, it's not just a formality, but truly a change in the system.
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SeaSaltAirdropNotes
· 6h ago
The reasons for the petition are quite reasonable; similar assets should have unified standards.
View OriginalReply0

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