Countries

South Korea tax research

Published material currently indexed in this country library. Availability varies by section; the links below reflect the records currently listed.

This orientation links to published material; it does not replace underlying source documents or advice for an individual situation.

Published research

• South Korea’s Stock Transfer & Planned Crypto Tax: A Compliance Case Study — A case study showing how recent stock gain tax changes & upcoming crypto rules may trip up even well-prepared expatriates.
• Entity Structure & Exit Tax Considerations for High Net Worth Individuals in South Korea — South Korean rules around exit tax and entity setup demand strategic structuring — here’s what HNWIs need to know before crossing borders.
• How South Korea’s New Tax Reform Affects Digital Nomads and Crypto Users — Recent policy updates tighten reporting for crypto gains and increase penalties for non-compliance—digital nomads need to adapt now.
• Case Study: 중산층 1-주택자 Couple and the 종합부동산세 혜택 – How to Maximize Savings — A down-to-earth scenario showing how a married couple owning one home can benefit under the latest property tax exemption and special rules (종부세 합산배제 & 과세특례).
• Entity Setup in SK for Mining Crypto & Digital Nomad Income: Best Structures and Tax Strategies — Setting up the optimal legal structure in South Korea can hugely impact taxation for crypto mining, nomad income, and foreign operations—learn what works in 2026.
• Navigating South Korea’s New Overseas Asset & Crypto Disclosure Rules for Residents — Major updates in 2026 tighten reporting rules and penalties for overseas assets and crypto—what individuals and foreign residents need to know to stay compliant.
• Case Study: How South Korea’s Exit Tax Applies to Major Shareholders — When does moving abroad trigger exit tax on stock holdings? This case-study breaks down Korea’s “국외전출자 주식등 양도소득세” rule with real figures and planning tips.
• Navigating South Korea’s 2027 Crypto Tax Regime: What HNWIs Need to Know — From acquisition valuation to tax rates and avoidance strategies, as of January 1, 2027, South Korea’s crypto taxation will bring major changes—especially for high-net-worth individuals.
• Case Study: High-Net-Worth Exit Tax and Residency Restructuring — Examining how an HNWI leaving Korea must manage exit taxation, residence status, and overseas assets disclosures, using concrete numbers.
• Digital Nomads and Crypto Under Korea’s 2027 Tax Reform — Understanding how Korea’s upcoming law changes affect crypto gains and residence status is essential for nomads planning to work or hold assets cross-border.
• Planning Around South Korea’s New Overseas Assets Reporting Regime — With the 2026 overseas financial accounts and trusts disclosures now operational, residents and corporations must adapt to avoid heavy penalties and ensure full compliance.
• Case Study: Impact of Korea’s New Reporting and Tax Rules on the Digital Nomad — How South Korea’s changing tax rules affect digital nomads working remotely and holding assets abroad—is residence, reporting, and crypto taxed differently now?
• Navigating Compliance: Overseas Financial Account and Trust Reporting Rules — South Korea has dramatically increased transparency and penalties in overseas asset reporting—here’s what you need to know to stay compliant and avoid severe penalties.
• Effective Tax Planning for Residents Holding Crypto Assets in South Korea — Learn how recent and upcoming changes to South Korea’s crypto taxation regime affect your planning strategies, especially concerning acquisition timing, cost basis determination, and disposal methods.
• Structure Smart: How HNWI Outsiders Navigate Exit Tax & Cross-Border Exit Planning in Korea — High-net-worth individuals considering leaving Korea face an 'exit tax' on certain asset types—learn what triggers it, how military service and stock holdings play roles, and how to plan across borders.
• Staying Compliant with Overseas Assets: Reporting Rules and Penalties in South Korea — If you hold foreign accounts or trusts, South Korea’s rules for disclosure, penalties, and incentives have tightened—this article helps you stay compliant and avoid hefty fines.
• Navigating South Korea’s 2027 Crypto Tax Regime: What Residents Need to Know — South Korean residents will face major changes to how crypto gains are taxed starting January 1, 2027—this guide helps you understand who’s affected, how gains are calculated, and ways to prepare.
• Common Mistakes & Best Practices in South Korea’s Compliance for Foreign Asset Reporting — Amid increased reporting obligations for overseas financial assets, many taxpayers overlook simple but costly errors—here’s how to avoid them and stay compliant in South Korea.
• Exit Tax Expansion & Overseas Asset Reporting: What Expats Must Do — From Jan 1, 2027, South Korea will expand its exit tax regime to include overseas shares and further strengthen reporting duties for foreign assets and trusts — meaning expats and dual-nationals must be more vigilant than ever.
• Understanding Korea’s Digital Asset Tax Regime: What HNWI Should Know Before 2027 — Korea’s new cryptocurrency tax rules — especially the shift to separate taxation (분리과세) for gains starting January 1, 2027 — represent a pivotal change for high net worth individuals with mixed digital assets.
• Entity Setup for Undistributed Family-Owned Business and Exit Tax Efficiency — How family businesses and high net worth individuals in Korea can structure entities and succession plans to reduce exit tax and domestic stock exposure risks.
• Compliance Essentials for South Korea’s Virtual Asset Income Tax Regime — With virtual asset (crypto) taxation now firmly part of Korea’s tax law, individuals and VASPs must know their reporting obligations, withholding duties, and avoiding penalties.
• How South Korea’s Digital Nomad Tax Rules Shape Your Entry and Exit — If you're considering moving to or from Korea as a digital nomad or frequent international worker, understanding exit tax (‘국외전출세’) and resident status is critical to avoid unexpected liabilities.
• Exposing Overseas Assets: Reporting Obligations & Exit-Style Triggers for Residents and Trusts — A practical guide to foreign trust, financial account, and overseas asset disclosure requirements under recent Korean tax policy, including penalties and incentives to come clean.
• Navigating Crypto Taxation in South Korea: Resident & Non-Resident Rules for 2027 — Understand what the new crypto tax regime means for residents and non-residents, and how to plan now under the rules starting January 1, 2027.
• Deciphering Korea’s Virtual Asset Tax Regime: What Digital Nomads and Intl Investors Need to Know — Starting 1 January 2027, Korea will begin taxing gains from crypto or token transfers. Here's what international users should prepare.
• Entity Setup Strategies for High Net Worth Individuals Considering South Korea Exit Tax Rules — Exit tax planning is increasingly relevant for HNWIs contemplating emigration or non-residency—structure matters.
• Tax Compliance in 2026 Korea: Navigating Overseas Asset Reporting and Penalties — Recent enforcement updates in South Korea emphasize overseas financial account and trust disclosures—understanding these changes is essential to avoid steep penalties.
• Tax Planning Moves in Light of Korea’s Global Reporting & Exit Tax Regime — Korea is tightening reporting of overseas assets and crypto trades, raising exit tax and punishment risk but also offering planning tools—especially for HNWIs.
• Entity Setup Strategies to Navigate Korea’s Enforced Tax on Corporate-Owned Luxury Housing — With new Korean enforcement against corporate misuse of luxury housing, companies and real estate investors must reassess entity structure and cost allocation.
• Tax Compliance Essentials for Korean Digital Nomads and Crypto Investors — If you're living abroad, trading Bitcoin or other tokens, Korea’s recent tax laws affect you—and starting 2027 you’ll have to navigate new reporting, valuation, and withholding rules.
• Setting Up an Entity or Structure for Digital Nomads in South Korea — Digital nomads and remote workers considering Korea as a base need to choose the right entity setup to balance flexibility, tax exposure and compliance burden.
• Ensuring Compliance: Overseas Financial Asset Disclosures and Penalties — South Korea’s tax authorities are tightening rules on overseas financial/crypto asset disclosures and increasing penalties — here's what residents and entities must know to avoid severe infractions.
• Practical Tax Planning for Crypto Gains in South Korea Before 2027 — With the new crypto tax regime kicking in from January 1, 2027, South Korea residents and non-residents need to plan now to manage gains, costs, and compliance burdens effectively.
• Setting Up an Entity in South Korea: What Digital Nomads and HNWIs Should Know About Exit Tax & Governance — Establishing or closing entities in South Korea comes with exit tax obligations and complex residency rules—this article provides strategies to avoid unexpected triggers and optimize structure.
• Ensuring Compliance: Mandatory Foreign Asset and Crypto Reporting in Seoul’s New Rules — South Korea has tightened rules on reporting overseas financial accounts and crypto-asset transactions under its CRF-aligned regime—this article outlines what’s required now and how to avoid sanctions.
• What South Korea’s New Crypto Tax Rules Mean for Individual Investors — South Korea’s government has unveiled detailed plans for taxing virtual asset income starting January 1, 2027—this article breaks down what’s new, who’s affected, and how to prepare.
• South Korea Agriculture & Fisheries Tax Reforms: Extended Benefits for Small Producers and Blue Economy — Federal tax breaks for fishing firms and farm-based cooperatives have been extended and made permanent under Korea’s 2026 tax reform proposals — good news for rural HNWIs setting up agribusiness or fisheries entities.
• International Citizens and Crypto: South Korea’s Reporting Regime for Foreign Assets — Korea’s new rules on overseas financial accounts and crypto assets mean high transparency — learn who must report, what counts, and what penalties apply.
• Crypto Taxation in South Korea: What the New Rules Mean for Residents and Expats — As of **January 1, 2027**, South Korea will start taxing gains from cryptocurrency transfers and lending — here’s how the rules work now, and what to do to stay compliant.
• Digital Nomad Insights: Can Remote Workers & Freelancers Live Tax-Efficiently in Korea? — Remote working from Korea? Understanding personal income tax, visa status, and digital nomad-friendly provisions is crucial for maximizing take-home income.
• Compliance Update: Managing Overseas Assets & Reporting in Korea — South Korean residents and corporations must comply with reporting requirements for overseas assets—recent data reveals potential risks and enforcement actions are increasing.
• Tax Planning for High Net-Worth Individuals: Preparing for Exit & Transmission in South Korea — Navigating exit tax, inheritance, and overseas relocation for HNWIs in South Korea demands strategic foresight—especially with evolving rules around unrealized gains and overseas assets.
• Entity Setup & Structuring for Foreigners Engaging in Business in Korea — Foreign entrepreneurs setting up business in Korea must know entity types, tax treatment, and structuring insights to optimize operations and tax outcome.
• Compliance Checklist for Crypto-Assets and Overseas Trusts in Korea — South Korea’s compliance landscape demands strict reporting of crypto income and foreign trust interests — this guide ensures you don’t fall afoul of recent requirements.
• Tax Planning for High-Net-Worth Individuals Considering the Exit Tax in South Korea — Navigating exit tax obligations can be daunting for high-net-worth individuals (HNWIs) — this article delivers key planning strategies to minimize tax exposure when moving abroad.
• Selecting the Right Entity Structure in South Korea for Foreign Investors — Foreign investors in South Korea face key decisions: branch vs corporation, tax treaties, withholding regimes — here’s how to pick the right entity setup.
• Cryptocurrency Taxation in South Korea: What Investors & Digital Nomads Need to Know — Whether you’re an investor or nomad in S. Korea, recent rules on crypto gains, reporting, and anonymized exchanges make a difference — here’s a clear guide.
• Cross-Border Wealth Planning: Navigating South Korea’s Exit Tax for High Net Worth Individuals — Understanding South Korea’s exit tax rules is critical for wealthy individuals planning to leave the country — here’s what counts, when tax triggers, and smart planning strategies.
• Digital Nomads & Cryptocurrency in Korea: What’s Taxable as of 2026 — As South Korea implements taxation of crypto-asset gains starting 2027, digital nomads must plan carefully: here's what to expect, what counts, and how to minimize cost.
• Compliance Essentials for HNWIs: Exit Tax & Overseas Asset Reporting in Korea — For High Net Worth Individuals in Korea, exit tax and overseas asset rules have tightened. Missteps in reporting or timing can lead to hefty unexpected tax liabilities.—here’s what you need to know.
• How South Korea’s New Agriculture-Related Tax Changes Affect Entity Setup — Recent changes in South Korea’s tax policy under the 2026 tax reform plan have altered tax incentives for agricultural and fisheries entities. Understanding these is crucial when planning entity setup in those sectors.
• Compliance Alert: Simplifying Payroll Reporting and EITC Boosts for Low-Income Korean Workers in 2026 — New government proposals aim to ease burdens on small employers and expand worker support via higher EITC—find out what changes are pending, who benefits, and next steps.
• Exit Tax (국외전출세) for Korean High Net-Worth Individuals: What Triggers It & How to Prepare — If you are a major shareholder planning to relocate abroad, Korea’s exit tax on unrealized gains of domestic stocks becomes relevant. Know the tests, report deadlines, and planning options.
• Understanding Korea’s Crypto Tax Regime from Jan 2027: Opportunities & Pitfalls — South Korea is implementing a separated taxation system for virtual asset income starting January 1, 2027. Here’s what every investor—from occasional trader to institutional holder—must know now to plan ahead.
• Starting a Business as a Foreign Entre­preneur in Korea: Key Entity Setup and Tax Compliance Questions — Foreign entrepreneurs considering establishing operations in Korea need to navigate entity structures, residency rules, and tax implications—this guide lays them out clearly.
• The Exit Tax in South Korea: How HNWIs Facing Relocation Should Plan — For high net worth individuals considering leaving South Korea, understanding “국외전출자 주식등 양도소득세” (exit tax) is crucial to avoid surprises—this article breaks it down with planning tips.
• Preparing for Korea’s Crypto Tax from January 1, 2027: What Digital Asset Holders Need to Know — South Korea’s crypto tax regime shifts into effect in 2027, imposing taxes on gains from trading and lending digital assets—here’s how to stay compliant and potentially reduce your taxable exposure.
• Case Study: How the 2026 Tax Reform Helps Fishermen Corporations Save Big on Taxes — The 2026 tax reforms include sweeping tax breaks for fishing businesses—here’s a hands-on scenario of how an English Cooperative Corporation benefits.
• Coming Exit Tax / Reporting Obligations for HNWIs in South Korea – What You Need to Know Before Moving Abroad — If you’re a high-net-worth individual planning to change residence or citizenship, South Korea’s exit tax (국외전출세) and expanded disclosure rules are more important than ever.
• Understanding South Korea’s New Cryptocurrency Income Tax Regime (Effective 2027) — South Korea is about to roll out major changes for taxing gains from cryptocurrency operations—important details around measurement, rates, and transition rules are emerging now.
• Entity Setup & Overseas Banking: What Digital Nomads Should Know About Korean Tax Rules — Digital nomads setting up companies abroad, using foreign accounts, or earning abroad need to understand how Korean law treats overseas entities, financial accounts, and foreign trusts.
• How South Korea’s Exit Tax (국외전출세) Impacts High Net Worth Individuals Leaving the Country — South Korea treats outbound movers who own large amounts of domestic assets as having realised gains for tax when they depart – this is the ‘exit tax’ or 국외전출세.
• Navigating South Korea’s New Crypto Tax Regime for Residents and Non-Residents — As of January 1, 2027, South Korea begins taxing crypto gains for both residents and non-residents, with special rules for cost basis, withholding, and foreign-issuer scenarios.
• How South Korea’s Tax Reliefs during Natural Disasters Work: A Guide to Special Disaster Tax Support — If you’re in the areas declared special disaster zones (e.g. after heavy rainfalls), Korea provides timely tax relief. Learn what qualifies and how to take advantage.
• Navigating South Korea’s New Digital Asset Tax Rules: What Residents & Non-Residents Need to Know — From January 1, 2027, South Korea introduces major changes to how digital assets are taxed—whether you're a resident or non-resident, the time is now to plan.
• Compliance Spotlight: Cash Receipts & Electronic Tax Invoices in Korea’s Latest Reforms — Recent Korean laws impose tougher rules on cash receipt refusals and mandate electronic invoices to improve transparency and reduce evasion.
• Exit Tax (국외전출세) Essentials: For HNWIs Thinking of Leaving Korea — If you’re a major shareholder or thinking about emigrating, Korea’s exit-tax rules can trigger big taxable events even without a sale.
• Understanding Korea’s New Crypto Income Tax: What to Know Before 2027 — Crypto gains in South Korea will be taxed starting Jan 1, 2027. These changes have key implications for holders—here’s how to plan ahead.
• Outbound Compliance: Reporting Overseas Accounts & Financial Assets — If you’re a Korean resident or returning from abroad, the updated overseas financial account disclosure and related reporting rules demand attention.
• Exit Strategies & Tax Traps: Moving Abroad from Korea — For high-net-worth individuals considering relocating, South Korea’s exit and capital gains rules, especially around shares and property, entail careful planning.
• Navigating Korea’s New Crypto Income Tax Regime — From 2027, South Korea will impose new tax rules on gains from crypto transactions — understanding thresholds, valuation, and compliance is now more crucial than ever.
• Ensuring Compliance: Key Deadlines and Enforcement Trends in South Korea’s Tax Landscape 2026 — With enforcement intensifying – from stock capital gains to real estate tax evasion – here are critical compliance deadlines and watchpoints for individuals and businesses.
• Strategic Tax Planning for High-Income Exit Tax & Overseas Accounts in South Korea — Learn how South Korea treats exit tax, overseas financial accounts and what wealthy individuals should plan now to minimize exposure and stay compliant.
• South Korea’s Crypto Tax Regime: What Digital Nomads Need to Know Before 2027 — South Korea’s crypto tax laws change significantly on January 1, 2027 — learn what income types are taxed, how to prove acquisition cost, and strategies digital nomads can use now to avoid pitfalls.
• Compliance Guide: Reporting Virtual Asset Income and Avoiding Penalties in Korea — With virtual asset gains set to become taxable income as of 2027, compliance failures may lead to audits, fines, or worse. Here's a roadmap to properly report, remedy gaps, and limit exposure.
• Navigating South Korea’s New Cryptocurrency Tax Regime from January 2027 — Starting January 1, 2027, South Korea will begin taxing gains on cryptocurrencies held by residents under the “other income” category—with notable rules on acquisition cost, minimum thresholds, and how early holdings are valued.
• Residency, Exit, and Entity Setup for Digital Nomads in South Korea: What You Need to Know — Understanding residence status, exit tax risks, and entity setup is vital for digital nomads planning medium-term stays or occasional business in South Korea.
• Compliance Checklist for Entities in South Korea Under the 2026 Tax Reform Proposals — As South Korea moves forward with the 2026 tax reform proposals, businesses must prepare for new compliance burdens—especially in VAT, entity deductions, and supply chain logistics.
• Planning for South Korea’s New Crypto Tax Regime Effective Jan 1, 2027 — With South Korea introducing a fully-separate taxation scheme for virtual asset gains in 2027, individuals must plan now to avoid surprises—especially around needed documentation and tax rates.
• Living and Working Remotely in Korea: Digital Nomads and Crypto Income Tax Risks — South Korea’s taxation of crypto income and foreign-source earnings poses unique challenges for digital nomads—this guide covers rules, exit tax risk, and practical compliance tips.
• Exploring Real Estate Wealth Tax (종합부동산세): Planning Strategies for High-Value Property Owners in Korea — With recent updates to 종합부동산세 rates and exclusion rules for 1세대 1주택자, property owners must revisit their planning to optimize tax-efficiency.
• Navigating Simplified Payroll Reporting Changes: What Employers Need to Know in South Korea — Recent changes to 간이지급명세서 reporting rules bring temporary relief and new obligations for employers—detailed guidance to stay compliant.
• Entity Setup Case Study: Using the Inner Port Carrier Credit for Corporations in Shipping/Logistics — A case study of how a manufacturing company can qualify for a new tax credit for long-term inland sea transport contracts, improving cost efficiency and unlocking benefits under South Korea’s 2026 tax reform.
• Compliance Alert: Revised Penalties & Interest for Late Payments (납부지연가산세) in South Korea — As of July 1, 2026, Korea changed how penalties (납부지연가산세) are calculated for tax delinquencies — shifting from daily to monthly basis — with substantial impact on cash flow and liability calculations.
• Navigating South Korea’s New Crypto Tax Regime: What Individuals Need to Know Before 2027 — With South Korea moving forward with separate taxation on virtual asset gains starting January 1, 2027, residents and non-residents alike face major changes in how crypto gains are taxed—understanding the details now can save you thousands.
• Starting a Business in South Korea as a Foreign Entity: Structure, Taxes, and Best Practices — From choosing the right legal form to understanding tax obligations, learn how foreign businesses can set up in South Korea with compliance, efficiency, and growth in view.
• Compliance Guide: What Every Expat & Digital Nomad Must Know About Korea’s Exit Tax and Crypto Income — Korea’s tax landscape for outbound individuals and crypto investors is shifting. Here’s a practical compliance checklist to keep you aligned—where it matters most.
• South Korea’s Reform of Real Estate Wealth Taxation: What HNWIs Need to Know — Recent changes to 종합부동산세 (Comprehensive Real Estate Tax) are reshaping the liability landscape for high-net-worth individuals. Here's how your portfolio might be affected—and how to plan accordingly.
• Case Study: Structuring an Entity in Korea to Minimize Exit & Crypto Tax Liabilities — Exploring how forming an entity, timing asset transfers, and choosing the right tax domicile can reduce exposure to exit-style risks and the upcoming crypto income tax for international entrepreneurs.
• Compliance Essentials for Digital Nomads in South Korea Post-2026: Residency, Cryptos & Income Reporting — South Korea’s evolving tax landscape introduces fresh reporting requirements and obligations for nomadic professionals—residency thresholds, crypto taxation, and foreign income rules all critical to stay compliant.
• Navigating South Korea’s Crypto Tax Shift: What HNWI & International Investors Must Know — As Korea’s crypto income tax regime shifts into effect in January 2027, high-net-worth individuals (HNWIs) and cross-border investors face critical decisions around when and how their assets are taxed.
• Real Estate, Capital Gains & Exit Tax: Planning under Korea’s 2026 Tax Revision — New rules are coming on capital gains, real estate holding tax (CRET), and exit tax for individuals leaving Korea—what long-term homeowners and potential emigrants must know.
• Global Minimum Tax (GMT) in Korea: What Multinationals and High-Net-Worth Entities Should Know — Korea’s global minimum tax rules are now active: Pillar Two, QDMTT, and more from Jan 1, 2024-2026. Understand implications for your corporate structure, intercompany transactions, and foreign entities.
• South Korea Crypto Tax Implementation: What Residents Need to Know Before Jan 1, 2027 — From January 1, 2027, South Korea will begin taxing gains on cryptocurrency transfers and lending over a 2.5 million won threshold, affecting all residents with virtual asset income.
• Compliance Essentials Under Korea’s Crypto and Asset Reporting Regimes for High Net Worth Individuals — HNWI in Korea now face stronger disclosure obligations globally, including exit taxes and new crypto asset reporting frameworks—failure to comply could be costly.
• Tax Planning Strategies for South Korea’s New High Dividend Separated Tax Regime — With the introduction of the 고배당 분리과세 (high-dividend separated taxation) rule starting in 2026, investors need smart tax planning to maximize benefits.
• U-Turn in Korea: Best Practices & Tax Implications for Returning Expats — If you're an expat considering returning to Korea (a ‘U-turn’), understanding tax rules around residency, asset importation, and exit tax can make a big difference in your cost of relocation.
• Staying Compliant with Korea’s Crypto Tax Rules & Reporting: Latest Updates — Crypto holders in Korea face expanding reporting duties and enforcement; here’s what you must do to comply and remain ahead of the curve.
• Navigating Exit Tax and Overseas Assets in South Korea: What HNWIs Need to Know — A deep dive into South Korea’s rules on exit tax, overseas asset reporting, and practical strategies to minimize exposure for high-net-worth individuals.
• 한국의 국외전출자(Exit Tax): 누가 언제 신고하고 어떻게 부담을 줄일 수 있을까? — 거주자가 한국을 떠날 때 국내 주식 등에 대해 ‘출국 시 양도한 것처럼’ 양도소득세가 부과됩니다—적용 대상, 신고 절차, 절세 전략을 사례와 함께 알아봅니다.
• 한국의 암호자산 기타소득 과세: 준비해야 할 세부 규칙과 실전 예시 — 2027년부터 암호자산(가상자산)의 양도·대여 소득이 기타소득으로 분리과세되며 취득가액 산정 방식, 신고 절차 등이 구체화되었습니다—필수 가이드입니다.
• Digital Nomad 비자 정식화: 한국에서 체류하고 소득과 세금을 관리하는 방법 — 2026년 6월부터 한국에서 디지털 노마드 비자 제도가 공식 운영되며 연봉 기준 완화 및 체류 기간 확대 등의 변화가 생겼습니다—해외 원격 근무자를 위한 세금 및 체류 관련 핵심 사항을 정리합니다.
• Compliance Essentials for South Korea’s Overseas Financial Assets Regime — Failing to report foreign accounts or trusts can lead to massive penalties — learn who must report, what gets reported, and how to stay compliant.
• Exit Tax for HNWIs and Non-Residents: What You Need to Know Before Leaving Korea — If you’re a large shareholder or planning to emigrate, exit tax rules may force taxation on “unrealised” gains. Understand thresholds, obligations, and planning techniques.
• South Korea Crypto Tax Regime: Key Rules and Planning Strategies — Starting January 1, 2027, new rules bring “others-income classification” to digital assets. Know your effective dates, valuation methods, and deductions to optimise outcomes.
• Ensuring Compliance with Korea’s Overseas Account Reporting Rules — South Korea’s rules for reporting foreign financial accounts and trusts have tightened. Here’s how you're affected, when to report, and what penalties apply.
• Crypto Tax Overhaul in South Korea: What Digital Nomads Need to Know by 2027 — As South Korea readies its crypto tax regime for 2027, digital nomads must understand how gains, accounting methods, and reporting rules are changing.
• Planning Your Exit: Understanding South Korea’s Exit Tax on Domestic Stocks — Leaving South Korea? If you own substantial domestic shares, you may face exit taxation—here’s what to know and how to plan.
• Tax Planning for Property Owners After Korea’s House-Sale Tax Rate Updates — With rising surcharges on gains from multi-house ownership and short holding periods, property sellers in regulated zones in Korea need a strategic plan touching timing, deductions, and ownership structure.
• Navigating Korea’s New Cryptocurrency Income Tax Rules Beginning 2027 — Starting January 1, 2027, South Korea will implement separated taxation on crypto gains, with key changes in cost basis methods and minimum thresholds—what digital asset holders must know to stay compliant.
• Entity Setup Insights: Choosing the Right Structure for Foreign Digital Nomads in South Korea — If you’re a digital nomad working in or into Korea, selecting between sole trader, corporation, or representative office can drastically affect your tax, operation, and lifestyle.
• Navigating Inheritance & Gift Tax in SK: Busting Misconceptions and Real-World Tax Risks — Many individuals misunderstand inheritance & gift tax rules in Korea—learn what really counts, how exemptions work, and what you should document now.
• Preparing for Korea’s 2027 Crypto Tax Regime: What Every Investor Needs to Know — South Korea will begin taxing gains from cryptocurrency transfers and loans from **January 1, 2027**—here’s how the “gains-only” tax works and what taxpayers should do now.
• Compliance Checklist: Reporting Virtual Assets & Avoiding Penalties in Korea — Failing to comply with Korea’s updated virtual asset taxation can lead to steep penalties—this article walks through core compliance steps and critical documentation.
• Navigating South Korea’s Virtual Asset Tax Regime: What Holders Need to Know Now — South Korea's updated rules on virtual asset taxation bring major changes in cost basis determination and exchanges—critical for anyone holding or trading crypto here.
• Setting Up an Entity in Korea: Best Practices for Foreign Investors — What foreign investors should know when incorporating a Korean entity—from tax incentives to structural choices and cross-border transactions.
• Tax Planning for High Net Worth Individuals Considering Exit from Korea — Understanding Korea’s exit tax, residency status, and asset exposure is now critical for HNWIs considering leaving South Korea to reduce tax obligations.
• Navigating Korea’s New Crypto Tax Rules: What You Need to Know Before 2027 — Major crypto tax reforms arrive in South Korea with new thresholds, methods of calculating cost basis, and filing deadlines starting 1 January 2027.
• Case Study: Non-Resident Dividends & the New High-Dividend Stock Tax Special Regime — From 2026, Korea has introduced a special tax regime for high-dividend stocks which may benefit non-residents — see how to analyze whether this applies and what actions to take.
• Tax Planning for Digital Nomads and Foreign Investors Returning to Korea — If you’re a digital nomad, remote worker, or a foreign national considering returning (‘U-turn’) to South Korea, here are smart strategies and traps to avoid under current tax law.
• Preparing for Korea’s Crypto Tax Overhaul: What Residents and Non-Residents Must Know — South Korea’s new crypto tax rules start January 1, 2027 — this article explains how your digital assets will be taxed, how to calculate base and gains, and what non-residents should be aware of.
• Compliance Guide for South Koreans Returning Home (U-Turn) and Exit Tax Risks — Many Koreans abroad delay returning due to tax uncertainties—new government supports are clearing up exit tax and compliance burdens, offering services and clarity.
• How South Korea’s New Crypto Tax Rules Impact Investors and How to Plan Ahead — Starting January 1, 2027, South Korea begins taxing crypto gains for residents under a separation tax regime—effective planning now can preserve savings and reduce surprise liabilities.
• Performance vs. Compliance: Real Estate & Dividend Strategies for High-Net-Worth Individuals in Korea — HNWIs need sharp strategies to optimize tax treatment of dividends and real estate, while staying compliant with rising scrutiny on disclosure, asset source, and valuation.
• Returning Home: Tax Pitfalls & Planning Tips for Overseas Koreans (U-turn Case) — For Koreans abroad considering moving back home, understanding tax liability on global income, overseas assets, and repatriation costs can save you from unexpected burdens.
• Mastering Crypto Taxation in Korea: What Individual Holders Need to Know — Starting January 1, 2027, capital gains and rental income from cryptocurrency will be taxed separately under Korean law — here’s how calculations work and what rules apply.

Recent policy analysis

• 어업법인 세금혜택은 계속, 어업용 면세유는 3년 연장 — Benefits for fisheries corporations will continue indefinitely; tax-exempt fuel for fisheries is extended through December 31, 2029. Included are corporate income tax exemptions for fisheries co-operative entities, VAT exemptions on services, transfer tax deferral for in-kind capital contributions, and capital gains tax relief for certain land/buildings held ≥8 years. Effective per announcement in the 2026 tax reform draft, to be enacted via legislation in late 2026. High impact for fisheries operators and rural communities.
• NTS: Summary of Virtual Asset Income Taxation for Residents & Non-Residents — The NTS has updated its guidelines to implement the amended Income Tax Act (개정 소득세법) which separates crypto/virtual asset gains as 기타소득 from Jan 1, 2027 for residents; for non-residents, domestic sourced income from crypto transactions via virtual asset service providers will be subject to withholding. Key rules include the higher of acquisition cost or market value as of Dec 31, 2026 for pre-existing holdings; a flat 20% tax rate; basic exemption of KRW 2,500,000; and expense deduction rules with presumed cost when actual cost is unverifiable. Implications: clear pathway for crypto holders to compute liability and for exchanges to prepare withholding/reporting systems.
• 국세청, 해외금융계좌·해외신탁 신고 및 포상금 제도 강화 발표 — In a report published 2 September 2026, the National Tax Service (NTS) stated residents and domestic entities have reported overseas financial accounts and foreign trusts totaling ₩111 trillion, and announced: (1) implementation of penalties and rewards (포상금 제도) for overseas account misreporting; (2) introduction of CARF (Crypto Asset Reporting Framework) in 2027 to enable cross-border exchange of crypto transaction data; (3) increased enforcement activities via modified thresholds and larger fines on non-reporting. Implications: HNWIs and entities with offshore assets face higher disclosure risk, stronger data‐driven auditing, and potentially large penalties for non-compliance.
• 2026년 우리나라 거주자·내국법인, 해외에 보유한 자산으로 총 111조 원 신고 — Enforcement of overseas financial accounts and overseas trusts reporting by residents and domestic corporations: in 2026, reports totaled KRW 111 trillion; high penalties for non-reporting, penalty relief for late or corrected filings; implementation of Crypto Asset Reporting Framework starting in 2027.
• 거주자의 가상자산소득 과세 개요 — Introduces taxation of virtual asset income for residents: sets methods for calculating taxable gains, rules for when acquisition cost is unverifiable (allowing up to 50% of sales price as presumptive cost without separate expenses), establishes cost-basis rules for pre-existing holdings (cost basis set at higher of original acquisition or fair market value as of December 31, 2026), and fixed 20% tax rate with KRW 250 million basic exemption threshold. Applicable to virtual asset transactions from enactment onward.
• 가상자산사업자 거래자료 제출 — Under law amendments, virtual asset service providers that are registered under the Specific Financial Transaction Information Act must submit, for transactions from January 1, 2027, quarterly transaction detail reports and aggregate statements by the end of the second following month after each quarter. For corporate income tax purposes, data for transactions since January 1, 2023 must also be submitted. High relevance, changes compliance burden significantly. Effective from January 1, 2027.
• 간이지급명세서(근로소득) 세법 개정 내용 — From January 1, 2027, Korea introduces temporary relief (no 0.25% late-file penalty) for simplified payout statements (간이지급명세서) if submitted by the old semiannual deadline; small businesses get extended relief until end 2028. Also increases frequency of submission to monthly and establishes exceptions for understatement within 5%.
• 거주자의 가상자산소득 과세 시행 개요 — From December 2024, income from crypto gains or rentals by **resident taxpayers** will be taxed as “other income” starting **January 1, 2027**. Key rules include cost basis, deduction thresholds, rate, and special rules for crypto acquired before the policy effective date. Detailed calculation rules and exclusions are provided. Impacts all residents with virtual asset gains. Low for those without crypto exposure; high for active traders.
• Crypto Taxation Regime Effective Jan 1, 2027 under Income Tax Act — Under the amendment to the Income Tax Act (December 2024), virtual asset gains from transfers or lending will be taxed as 'other income' for residents from January 1, 2027. Annual deduction of 2.5 million won, 20% national tax (≈22% including local tax), cost basis rules include using market value as of December 31, 2026 for pre-existing assets. Losses limited; reporting via comprehensive income tax filings in May 2028 for 2027 income.
• 가상자산은 소득세법 개정(’24.12.)에 따라 ’27.1.1. 이후 양도·대여분부터 기타소득으로 분리과세됩니다. — The December 2024 amendment to the Income Tax Act mandates that from **January 1, 2027**, residents’ gains from virtual asset transfers or lending will be taxed separately as “other income” (기타소득). Key details include a flat 20% tax rate, a basic exemption of KRW 2,500,000 annually, special provisions for valuation of cost basis under certain conditions, and rules for pre-existing holdings (basis being the higher of acquisition cost or market price as of December 31, 2026).
• 가상자산사업자 거래자료 제출 의무 강화(Quarterly Submission from Jan 1, 2027) — Under the Specific Financial Transactions Information Act, registered virtual asset service providers in South Korea must submit detailed transaction statements and aggregate transaction summaries on a **quarterly basis**, starting from **January 1, 2027**. These reports are due by the end of the second month following each quarter. This strengthens transparency in crypto dealings and enables authorities to monitor income for eventual separate taxation of virtual asset gains. ([t.nts.go.kr](https://t.nts.go.kr/nts/cm/cntnts/cntntsView.do?cntntsId=238937&mi=40372&utm_source=openai))
• Virtual Asset Gains Separate Taxation Starting Jan 1, 2027 for Residents — Under the amended Income Tax Act effective from January 1, 2027, residents’ gains from virtual asset disposals or lending are taxed separately as “other income”. Taxable income includes proceeds minus costs, though if acquisition costs cannot be established, a deemed cost of up to 50% may be applied. For assets held prior to 2027, taxpayers may use the higher of fair market value as of December 31, 2026, or original acquisition cost. The flat rate is about 20%. ([nts.go.kr](https://nts.go.kr/nts/cm/cntnts/cntntsView.do?cntntsId=238935&mi=40370&utm_source=openai))
• 거주자의 가상자산소득 과세 시행 — 소득세법 개정안(2024년 12월 통과)에 따라 2027년 1월 1일부터 거주자가 가상자산을 양도·대여한 경우 기타소득으로 분리과세됩니다. 취득가액 확인이 곤란한 경우 양도가액의 최대 50%를 필요경비로 의제할 수 있으며, 2026년 12월 31일 현재 보유한 가상자산은 당시 시가 또는 실제 취득가액 중 큰 금액으로 취득가액으로 인정됩니다.
• 가상자산 과세 제도 개요—2027년부터 기타소득 분리과세 시행 — 소득세법 개정안(2024년 12월)의 결과로서, 2027년 1월 1일부터 가상자산의 양도·대여분 소득을 기타소득으로 분리과세하며, 취득가액 확인이 어려운 경우 필요경비 의제 허용(최대 50%), 기본공제 250만원, 세율 20% 등이 규정됨.
• 가상자산사업자 거래자료 제출 의무제도 — Virtual asset service providers registered under the “특정 금융거래정보의 보고 및 이용 등에 관한 법률” are required, starting from transactions as of January 1, 2027, to submit transaction statements (거래명세서) and aggregated transaction tables (거래집계표) quarterly, by the latter end of the second month after the following quarter. For corporate tax purposes, certain transaction data submission obligations have been in place since January 1, 2023.
• 거주자의 가상자산소득 과세 개요 (Outline of Resident Virtual Asset Income Taxation) — Effective January 1, 2027, South Korea will tax the disposal or leasing of virtual assets held by residents (as 기타소득, separate miscellaneous income). The regime imposes a 20% tax on net gains (after acquisition cost and allowable expenses), allows a basic deduction of KRW 2,500,000, provides a special transition rule for pre-2027 holdings (using the larger of actual acquisition cost or market value as of December 31, 2026), and excludes certain types of digital tokens under law definitions. Reporting via annual income tax return in May.
• 비거주자의 가상자산소득 과세 개요 — Non-residents and foreign corporations earning income from Korean-source crypto transactions (sale, exchange, lending, withdrawal) are taxed as 국내원천 기타소득 (domestic-source other income), with crypto platforms required to withhold tax. Rate structures may differ; treaty relief may apply. Effective from same crypto law enactment in December 2024 (with enforcement starting 2027).
• 근로장려세제(EITC) 지급액 및 소득요건 등 확대(안) — As part of the 2026 tax reform proposals, Korea is expanding the Earned Income Tax Credit (EITC) and child allowance system. Proposed changes include raising income eligibility thresholds for single, single-earner and dual-earner households, and increasing the maximum credit amounts so that more low-income households can benefit from these supports.
• 거주자의 가상자산소득 과세 시행 예정 (’27.1.1 이후) — 소득세법 개정안 통과에 따라 거주자가 가상자산의 양도 또는 대여로 얻은 소득은 2027년 1월 1일부터 기타소득으로 분리 과세됨. 2026년 12월 31일 이전 취득한 가상자산은 취득가액 또는 그 시점 시가 중 큰 금액을 취득가액으로 함.
• 거주자의 가상자산소득 과세 시행 및 양도·대여분 분리과세 도입 — Under the Income Tax Act amendment passed December 2024, from **January 1, 2027**, residents’ income from the **sale, lending or exchange of virtual assets** will be taxed under **other income (기타소득)**, separately from standard progressive rate income. Acquisition cost for holdings before that date will be the higher of original cost or market value as of December 31, 2026. Non-resident crypto income via domestic VASPs will face withholding tax. The rate is fixed at 20%, with basic exemption (연 2,500,000 KRW).
• 거주자의 가상자산소득 과세 시행 (Crypto Income Tax for Residents) — As of January 1, 2027, residents of South Korea will be taxed on gains from the sale or lending of virtual assets (crypto), under a separated taxation regime. Acquisition cost is determined by actual cost, or—if hard to verify—for existing holdings, by the higher of original cost or market value as of December 31, 2026. The law allows use of average cost or FIFO methods, and when actual costs aren’t verifiable, provides that up to 50% of proceeds may be treated as expenses.
• 종합부동산세 합산배제와 과세특례를 신고･신청하세요! (Aggregation Exclusion & Special Property Tax Treatment Notice) — The National Tax Service announced that approximately 48,000 taxpayers who qualify may apply by September 30, 2026 for aggregation exclusion or special treatment of comprehensive real estate tax (종합부동산세) for singly owned homes jointly held by spouses. Eligibility requires residential status and that no other household member owns another home. If approved, taxable value either becomes non-taxable or taxed under favourable criteria.
• 체납추적·세무조사 연계 전담팀 설치 및 고액체납자 탈루 혐의 엄정 대응 — 국세청은 최근 고액·상습 체납자를 상대로 **체납추적·세무조사 연계 전담팀**을 신설하여 역외탈세, 법인자금 유출 등 탈루혐의에 대해 비정기 세무조사와 함께 재산 추적·면탈 범칙 행위 검증을 강화함. 탈세제보 확대, AI-기반 포렌식 도구 고도화 등의 방안도 포함됨.
• 아시아·태평양 국세청과 K-세정은 나누고, 국제공조는 더하는 실용외교 추진 — 국세청은 2026년 9월 8-9일 싱가포르 주최 아시아·태평양 국세청장 회의 참가하고, 싱가포르와 디지털자산 과세 및 전자세금계산서 정보교류 체계 강화; 일본과 조세범죄 대응 논의; 뉴질랜드와 징수공조 실무협정(MOU) 체결; 몽골과 정보교환 실무협정 체결 추진 및 보다 실용적 국제 세정협력 강화.
• 보도자료: 우리나라 거주자·내국법인 해외자산 신고 실적 및 신고제도 개요 — In September 2026, the NTS announced that Korean residents and domestic corporations declared ₩111 trillion (about US$80-90 billion) in overseas financial accounts and foreign trust assets. The regime includes enforcement of overseas account and trust reporting, penalties for non- or under-reporting of 10% of the unreported amount, risk of criminal penalties and public disclosure if under-reporting exceeds ₩50 billion. There are also provisions for penalty reduction (up to 90%) for those who file corrections or late reports voluntarily. Also announced: from 2027, the Crypto Asset Reporting Framework (CARF) will be used to validate virtual asset transaction information exchanged among jurisdictions.
• 내항선사와 장기계약을 체결한 우수 화주에게 법인세·소득세 1％ 세액공제 신설 — 정부는 내항선사와 3년 이상 장기계약을 맺은 우수 화주에 대해 지출한 운송비용의 1％를 법인세 또는 소득세에서 공제해 주는 제도를 새로 도입하기로 함. 이 제도는 2026년 세제개편안에 포함되며, 인증제도 정비 후 시행 예정.
• 세법령 개정건의 — 국세청이 세법·령·규칙 중 납세자 또는 유관기관으로부터 불명확하거나 불합리한 규정을 정비하기 위해, 개선 사항을 발굴하고 세법령 개정건의안을 기획재정부에 제출하기로 함. 납세자의 의견을 제안으로 수렴하는 절차가 운영됨.
• 법인 보유 고가주택 등 사적사용 제1차 50개 업체 세무조사 실시 — National Tax Service has launched tax investigations into 50 companies holding high-value residential properties primarily for **non-business use**. These include residences used by founding families, vacation homes, or property speculation. Of corporate-owned homes over public assessed value thresholds (e.g., 공시가격 9억원, 국민주택 규모 85㎡), the NTS identified ~42% being used privately. The investigations also allege issues like fictitious payrolls and false tax invoices. Signal that personal use of corporate real estate is under heightened scrutiny.
• 2026년 종합부동산세 요약표 및 1세대 1주택자 특례 안내 (종부세법) — Updated rates for 종합부동산세: combined assessment (종합합산) rates ranging from 1% up to 3% depending on property value; separate assessment (별도합산) for land/other real estate 0.5-0.7%. 1세대-1주택자 and qualifying other home categories may exclude certain properties if residency/registration criteria met.
• 2026년 하반기 국세행정 운영방안 발표 — The NTS released the tax administration plan for second half of 2026, outlining enforcement, digitalization, and taxpayer services priorities. Key elements: expanding automatic pre-filled (“미리채움”) and fully filled (“모두채움 자동신고제”) tax return services; prioritizing high risk areas like overseas hidden trusts and undeclared foreign assets; increasing use of AI for forensic analysis and transaction tracing, including crypto; expanding tax relief for businesses hurt by high inflation, fuel and exchange rate shocks; strengthening taxpayer support for youth, startups and regional businesses; accelerating integrated collection of non-tax government revenue; and enhancing interdepartmental cooperation.
• 2026년 종합부동산세 요약표 — As of August 10 2026, revisions to the 종합부동산세 (Comprehensive Real Estate Tax) including both 종합합산 and 별도합산 tax rates were published by NTS. These updated brackets increase marginal rates on high‐valuation land and adjust standard deductions for one‐household, one‐home owners based on age and holding period. Impacts high‐net-worth individuals with large land holdings.
• 호우 피해 특별재난지역 납세자에 대한 적극적인 세정지원 실시 — Due to the designation of certain areas in Andong-si and Uiseong-gun as special disaster zones (특별재난지역) following severe rains as of August 7, 2026, the Korean tax authority is providing tax relief measures. These include extensions of filing and payment deadlines (up to 2 years), automatic extension of interim corporate tax payments, suspension of audits (particularly for agricultural activities), waivers or postponements for asset seizure or forced sales, expedited refunds, and tax deductions for business asset losses above defined thresholds if applications are submitted within three months. The relief applies through dedicated local tax office counters and HomeTax online procedures.
• 발급거부 신고 및 미발급 신고포상금 한도 및 신고기한 강화 — For consumers and third-parties: trading entities that refuse, falsely issue, or cancel cash receipts can be reported. Reporting deadline is within 5 years; rewards depend on size of transaction. Annual cap per individual is ₩1,000,000; fixed minimum amounts for small transactions. Affects especially businesses in consumer industries.
• 현금영수증 발급거부 신고포상금 제도 및 전자세금계산서 즉시전송 강화 — Recent law amendments require cash receipt-issuing businesses to comply when consumers request receipts, penalizes refusal or mis-issuance, and introduces reward payments to consumers for reporting. Also mandates that electronic (tax) invoices (부가가치세 면세 거래 계산서 포함) must be issued electronically and XML files immediately transmitted to the NTS. Both aim to reduce VAT evasion and increase transaction transparency.
• 해양수산부, 어업법인 세금혜택은 계속, 어업용 면세유는 3년 연장 — Under the 2026 tax reform proposal published in August 2026, tax benefits for fishing corporations (어업법인) including corporate income tax exemption, dividend income tax exemptions for cooperative members, and VAT exemptions on services remain permanent. Separately, exemptions for fuel (면세유) used by fishers are extended until 31 December 2029. This change replaces previous sunset clauses that had scheduled expiration by end-2026. Final statutes depend on parliamentary approval expected in late 2026 session. Implications: the fishing sector retains major tax reliefs, reducing operating costs and encouraging investment.
• 어업법인 세제혜택 상시화 및 면세유 지원 3년 연장 — 정부는 2026년 세제개편안에서 어업법인에 대한 법인세 면제, 조합원의 배당소득 소득세 면제, 부가가치세 면제 등 기존의 어업 관련 세제혜택을 일몰 없이 계속 적용하며, 어업용 면세유에 대한 지원을 2029년 12월 31일까지 3년 더 연장하기로 함.
• 어업 법인 세제혜택 상시화 및 어업용 면세유 3년 연장 — 기획재정부는 2026년 세제개편안에서 어업법인에 대한 법인세 면제, 조합원 배당소득 소득세 면제, 어업작업용역에 대한 부가가치세 면제 등의 기존 어업분야 세제 혜택을 종료기한 없이 상시화하고, 어업용 면세유 혜택은 2029년 12월 31일까지 3년 더 연장하기로 함.
• 주용 계산서 전자(세금)계산서 제도의 도입 및 발급·전송 기준 강화 — 국세청은 최근 발표한 주요 세법 개정 내용에서, 부가가치세 면세 거래에 대한 계산서 발급 시 종이 대신 전자적 방법(전자 계산서)으로 발급하도록 하고, 전자(세금)계산서의 표준XML 형태 작성·발송·전송 기준을 강화. 또한 발급 즉시 국세청에 전송하도록 의무화하여 거래 투명성과 세무비용 절감을 도모함.
• 현금영수증 발급거부 및 미발급 신고 포상금 제도 확대 — 소득세법 시행령 개정으로 소비자가 현금영수증을 발급 요청했음에도 가맹점이 거부하거나 사실과 다르게 발급하거나 임의 취소하는 행위, 또는 10만원 이상 현금거래 시 발급 의무 위반한 경우에 대해 소비자가 이를 신고할 수 있고, 포상금을 지급하도록 제도화됨. 신고 대상자·기간·액수 등 구체 규정 포함됨.
• 국세청, 국내복귀(U-turn) 희망하는 재외국민 대상으로 ‘온라인 1:1 세무상담’ 제공하여 세금 불안 지운다 — 국세청은 2026년 7월부터 국내복귀(U-turn)를 희망하는 재외국민에게 온라인 1:1 맞춤형 세무상담 서비스를 제공하기로 함. 상담 범위에는 거주자 판정, 해외자산 상속·증여·양도소득세, 해외금융계좌 신고, 해외자산 명세서 제출 등이 포함됨. 이를 통해 세금 불확실성 완화 및 국내 복귀 촉진이 목표.
• Overseas Financial Account & Trusts Reporting Requirement for Residents — For 2025 holdings, residents and domestic corporations with overseas financial accounts exceeding KRW 500 million in combined month-end balances must report those accounts by **June 30, 2026**. Also, overseas trust/settlement entities with control or benefit by the resident must be disclosed annually. Failure to report triggers penalties, disclosure, and possible criminal sanctions. ([nts.go.kr](https://www.nts.go.kr/nts/na/ntt/selectNttInfo.do?nttSn=1352026&utm_source=openai))
• 해외금융계좌 신고제도 및 해외신탁 신고제도 강화 — For the 2025 tax year, residents and certain non-residents who on any month-end held **foreign financial accounts** with aggregate assets exceeding **₩500,000,000** must report via HomeTax or paper form by end of June 2026. Includes foreign trusts. Non-compliance leads to penalties: underreporting has fines of 10%, possible disclosure and for large amounts criminal penalties.
• Overseas Financial Account & Crypto Information Reporting Enhancements — For the 2026 tax year and onward, residents and domestic corporations with overseas financial accounts exceeding ₩500 million must report all foreign financial assets including crypto. Penalties for misreporting rise when unreported amounts exceed ₩50 billion. The Crypto Asset Reporting Framework (CARF) will begin operation in 2027 to allow automatic exchange of crypto-transaction data with treaty partners. Voluntary corrections may reduce penalties by 30-90 %.
• Report foreign financial accounts and crypto holdings by 2026 under strengthened reporting rules — South Korea’s National Tax Service has announced that **residents and domestic entities** must report overseas financial accounts—including virtual-asset accounts—and foreign trusts if the total monthly end-balance exceeds **KRW 500 million**, starting for the 2025 tax year. The new regime also introduces steep penalties (10% of under-reported amounts, up to KRW 5 billion in serious cases), possibility of public disclosure, and criminal penalties where misstatement or fraud is involved. Voluntary amendments before enforcement may yield penalty reductions of **30-90%**. The government will use Crypto-Asset Reporting Framework (CARF) for automatic exchange of virtual asset transaction records from 2027, enhancing cross-border transparency.
• Enforcement-enhancing tax compliance measures: expanded whistleblower rewards, AI/forensic systems, and integration of tax investigation teams — As part of its 2026 tax reform package (세제개편안), South Korea’s National Tax Service is expanding incentives and tools to catch tax evasion. Key elements include lowering the minimum collection threshold for whistleblower rewards from KRW 50 million to KRW 30 million, increasing reward rates from 5-20% to 10-30%, introducing additional transaction-trace systems for virtual asset trades, deploying AI-based forensic tools, and creating dedicated teams (‘체납추적-세무조사 연계 전담팀’) to jointly investigate major delinquent taxpayers and offshore tax evasion schemes. This aims to strengthen the detection and enforcement of hidden or undeclared assets among high net-worth and foreign-linked individuals and entities.
• 2026년 해외신탁 신고제도 발표 — The National Tax Service has published data on the first-ever mandatory overseas trust reporting requirement. Residents and resident corporations that had set up overseas trusts or transferred assets thereto must report in 2026 for trusts or holdings as of 2025. The announcement includes higher fines for nonreporting and the introduction of a reward system for whistleblowers, as well as informing taxpayers that from 2027, under the Crypto Asset Reporting Framework, foreign crypto transaction data will also be used in enforcement.
• 내항선사와 장기계약을 체결한 우수 화주님의 세액을 공제해 드립니다. — Introduction of a new tax credit: purchasers (“화주”) who enter into long-term (3-year or more) contracts with domestic coastal shipping companies can deduct 1% of transportation expenses from corporate income tax (or income tax for individuals) under the 2026 tax reform proposals.
• 내항선사와 장기계약을 체결한 우수 화주님의 세액을 공제해 드립니다 — A new credit is introduced under the 2026 tax reform draft: cargo owners who enter into contracts of three years or more with domestic coastal ship operators (내항선사) and are certified as “우수 화주” can claim 1% **tax credit** (law or income tax). The proposal is expected to enter legislature by September 2026 and to take effect over contracts from early next year. Impact significant for manufacturers and logistics firms that frequently ship heavy raw materials.
• 해외금융계좌·해외신탁 신고의무: 해외자산 신고 강화 — 거주자 또는 내국법인이 2025년 말 기준으로 보유한 해외금융계좌 잔액 총합이 어느 하루라도 ₩500 million을 초과하면 해외금융계좌 신고 의무가 발생. 또한 해외신탁 설정자 위탁자 등이 통제 및 관리하는 해외신탁이 있는 경우 신탁명세서 제출 의무도 발생. 미신고 또는 허위신고시 과태료 부과 가능.
• 고배당기업 주식 배당소득에 대한 고배당 분리과세 세제특례 도입 — South Korea’s National Tax Service (NTS) has enacted a temporary tax incentive allowing dividends from high‐dividend domestic equities to be taxed separately (분리과세) at favorable rates even if the investor’s total financial income exceeds KRW 20 million. This regime applies to dividends paid in 2026-2029, with filings starting from the May 2027 comprehensive income tax return. It lowers tax burden for eligible high-dividend income.
• 전자(세금)계산서 의무발급 대상 개인사업자 확대 및 발급의무 기간 변경 — 부가가치세법 시행령 제68조 및 소득세법 시행령 제211조의2에 따른 전자(세금)계산서 의무발급 기준이 직전연도 공급가액 기준을 기존 1억원에서 8천만원 이상으로 낮추는 등 확대됨. 개인사업자의 전자계산서 발급의무 기간도 계속 의무발급으로 연장됨.
• Global Minimum Tax regime implemented (IIR, UTPR, QDMTT) — Korea’s GloBE-based Global Minimum Tax rules under the International Tax Adjustment Act: Income Inclusion Rule effective from January 1, 2024; Undertaxed Payments Rule from January 1, 2025; Qualified Domestic Minimum Top-up Tax from January 1, 2026. Multinational groups with large revenues affected. Proposed 2026 revisions include aligning CFC rules and allowing foreign tax credits for QDMTT.