Güney Koreliler Kripto Airdroplarında Ağır Bir Hediye Vergisi Ödeyecek

As per the latest reports, the Ministry of Strategy and Finance is looking to introduce a new gift tax on airdrops for crypto assets. Earlier today, August 22, the ministry was responding to a tax law interpretation for freely transferable cryptocurrencies, and whether they can implement the gift tax for the same.

A spokesperson of the Ministry of Finance said: “The free transfer of assets is a ‘gift’ under the Inheritance and Gift Tax Act. In this case, a gift tax will be levied on the third party to whom the virtual asset is transferred free of charge”. 

Airdrops are quite popular in the crypto space wherein a platform rewards the holders of its native digital assets. Airdrops specifically happen at the time of hardforking the existing blockchain to a new one or while depositing virtual assets to a blockchain network. Another form of crypto rewards is crypto staking which may also be subject to a gift tax. 

Crypto Gift Taxes to be Between 10-50%

Citing tax authorities, South Korea’s local news publication rapor that taxes on the capital gains from virtual assets will begin in 2025. However, gifting virtual assets will still fall under current jurisdiction. 

The gift tax in south Korea is applicable to all objects of economic value that are convertible into money. The person obligated to pay gift tax will have to file for a gift tax within three months of receiving them. This could be anywhere between 10-50% of the total value of the gifts received.

An official from the tax industry said: “In the case of a free gift of virtual assets, the principle is, of course, the subject of taxation”. The Ministry of Strategy and Finance noted:

“Belirli bir sanal varlık işleminin hibe vergisine tabi olup olmadığı, bir bedel olup olmadığı veya fiili mülk ve kârların devredilip devredilmediği gibi işlem durumu dikkate alınarak belirlenecek bir konudur”.

In order to exclude airdrops from gift tax, it needs to be reinforced through additional legislation.

Bhushan bir FinTech meraklısıdır ve finansal piyasaları anlama konusunda iyi bir yeteneğe sahiptir. Ekonomi ve finansa olan ilgisi, dikkatini yeni gelişen Blockchain Teknolojisi ve Cryptocurrency pazarlarına çekiyor. Sürekli bir öğrenme sürecindedir ve edindiği bilgileri paylaşarak kendini motive eder. Boş zamanlarında gerilim kurgu romanlarını okur ve bazen mutfak becerilerini keşfeder.

Sunulan içerik yazarın kişisel görüşünü içerebilir ve piyasa koşullarına tabidir. Kripto para birimlerine yatırım yapmadan önce pazar araştırmanızı yapın. Yazar veya yayın, kişisel mali kaybınızdan sorumlu değildir.

Source: https://coingape.com/south-koreans-will-have-to-pay-a-heavy-gift-tax-on-crypto-airdrops/