National Assembly Research Service: Virtual assets should be reconsidered for classification as other income
• Kim said it is necessary to reassess whether the 2020 classification should be kept unchanged.
• He argued that changes in the institutional and economic environment justify a fresh review of the tax framework.
• Participants raised concern that classifying virtual assets as other income could enable tax avoidance when assets are gifted.
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by Asia Stablecoin Alliance & Four Pillars
September 3, 2026 19
