South Korea’s Tax Tribunal has ordered the National Tax Service to reinvestigate a gift tax assessment involving an individual who liquidated Bitcoin.
According to NS3.AI, the dispute centers on Bitcoin that was transferred from a hardware wallet to an overseas exchange account registered under the individual’s spouse’s name before being sold on a domestic platform.
The tribunal’s decision directs tax authorities to reexamine the circumstances surrounding the transaction and the basis for applying the gift tax in this case.
South Korea Orders Reinvestigation Into Gift Tax Case Tied to Bitcoin Cash-Out
2026-06-24 07:37:15
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