An estimated $110 billion in capital exited South Korean exchanges for offshore platforms in 2025 specifically to evade the upcoming tax.
A total of 22%, consisting of a 20% national income tax and a 2% local tax.
Despite the possibility of abolition, the National Tax Service (NTS) continues to build an advanced enforcement system:
South Korea delays crypto capital gains tax to 2027 - The Paypers
In January 2026, the Financial Services Commission lifted a nine-year ban, allowing listed companies to allocate up to 5% of their equity to digital assets to help bring capital back into the country. Enforcement Infrastructure
The ruling People Power Party (PPP) introduced a bill in late March 2026 to strike the digital asset tax from the Income Tax Act completely.