Express

South Korean National Tax Service Chief Candidate: Will Regulate Cryptocurrency Trading Records Collection System to Combat Tax Evasion

Summary: According to reports, South Korean National Tax Service chief candidate Im Kwang-hyun (phonetic) stated during a personnel hearing at the National Assembly's Planning and Finance Committee that they will proactively regulate the collection system and related regulations of virtual asset trading records to address the increasing spread of tax evasion through new trading methods. (Yonhap)

According to reports, South Korean National Tax Service chief candidate Im Kwang-hyun (phonetic) stated during a personnel hearing at the National Assembly's Planning and Finance Committee that they will proactively regulate the collection system and related regulations of virtual asset trading records to address the increasing spread of tax evasion through new trading methods. (Yonhap)

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