Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol stated on the 29th regarding virtual asset taxation, "Currently, we are proceeding with taxation starting next year as scheduled." According to News1, Deputy Prime Minister Koo gave this answer when Rep. Kim Sang-hoon of the People Power Party questioned the necessity of extending the deferral of virtual asset taxation during his appearance at the National Assembly's Finance and Economy Planning Committee that day. In response to Rep. Kim's point that major developed countries consider virtual assets as capital gains and allow loss carryforwards, Deputy Prime Minister Koo replied, "The issue of loss carryforwards is not even applied to stock investments." He added, "Since there are benefits provided by classifying it as other income, we are willing to review it at any time if necessary after the taxation is implemented."
