# South Korea’s Ruling Party Seeks More Views on Crypto Tax Delay By Riza Dagoc Canonical URL: https://www.tokenpost.com/news/regulation/41595 Published: 2026-10-27T08:43:14.000Z Updated: 2026-10-27T08:43:14.000Z Section: Regulation > If the tax is not postponed again, a 22% combined tax on annual virtual-asset income is scheduled to begin in January 2027. South Korea’s ruling party will seek more internal views on delaying a 22% tax on virtual-asset income before deciding its position, leaving the measure’s scheduled January 2027 start conditional on another postponement. The ruling party’s floor spokesperson said Tuesday that the party had not taken a position. The party’s policy committee chair conveyed a range of views, including another delay. A lawmaker argued that the tax should begin after the Digital Asset Basic Act is enacted. The discussion concerns [South Korea’s 2027 crypto tax timetable](). If the tax is not postponed again, it is scheduled to begin in January 2027. Annual income from virtual-asset transfers and rentals would qualify for a 2.5 million won basic deduction, with other income tax and local income tax combining for a 22% rate. The party plans to continue canvassing members before finalizing its stance, which remained unsettled Tuesday. ## Links in this article - [South Korea’s 2027 crypto tax timetable](https://www.tokenpost.com/news/regulation/38535)