logo

South Koreas National Tax Service: Residents who receive virtual asset labor remuneration from overseas companies must declare comprehensive income tax

By: odaily.com|2025/07/09 03:41:37

Odaily News The National Tax Service of South Korea has clearly stated that if residents obtain virtual assets in the form of labor remuneration from overseas companies, they must declare comprehensive income tax in accordance with the law.
In its reply in March this year, the National Tax Service pointed out that if residents do not withhold at source through tax combinations and obtain virtual assets from foreign companies as labor income under incentive contracts, they must fulfill the obligation to declare comprehensive income tax.
A case mentioned in the report shows that Singapore Company B intends to distribute virtual assets to employees of its Korean subsidiary Company C. The employee signed an incentive contract with Singapore Company B, engaged in blockchain and virtual asset exchange-related work according to its instructions, and received virtual assets as compensation. (Digital Asset)

LetsBONK's token supply, graduation token count, and trading volume in the last 24 hours have once again exceeded Pump.fun.
A whale sold $1.71 million worth of FARTCOIN to swap for SPX, BONK, and PENGU.

You may also like

Share
copy

Gainers

Latest Crypto News

01:45

Pacifica: Users who were liquidated between October 1st and December 1st will receive a 20% bonus on December transactions.

01:45

「Calm Dip Buyer」 Buys the Dips on BTC, ETH, SOL, Holding a Position Worth $13.6 Million

01:15

"The Big Short" Michael Burry Reveals Short Position on Tesla

01:15

The probability of a 25 basis point interest rate cut by the Federal Reserve in December is 87.6%.

01:15

Powell did not comment on the economy and monetary policy in his Stanford University speech

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]