The Herald Business reported that the National Tax Service (NTS) is understood to be planning to announce a draft notice containing specific taxation standards next month, with the goal of implementing virtual asset taxation in January next year. It is reported that the draft notice will include the tax authorities' judgment on major issues raised by the industry, such as the scope of other income and whether loss carryover deductions are allowed. Although the government adheres to the principle of taxing as scheduled, there have been two national petitions for consent and considerable opposition from virtual asset investors. Industry and political circles observe that if the lack of taxation infrastructure and equity controversies intensify, the government and ruling party might once again pull out the postponement card, considering public sentiment and approval ratings at the end of the year. This suggests that a 'Financial Investment Income Tax Season 2' could become a reality, similar to the Financial Investment Income Tax (금투세) which underwent postponement and abolition procedures just before its implementation.
