The Korean National Tax Service requires the declaration of comprehensive income tax for virtual assets received as overseas labor remuneration

According to BlockBeats, the Korean National Tax Service stated that if residents receive virtual assets in the form of remuneration from overseas companies, they must legally declare comprehensive income tax.

The Korean National Tax Service pointed out in its response in March this year that if the wage income is not subject to withholding tax through the tax combination, the taxpayer is obligated to file a final comprehensive income tax return on their own.