Odaily Planet Daily News: The South Korean National Tax Service has clearly stated that residents who receive virtual assets in the form of service compensation from overseas companies must declare their comprehensive income tax in accordance with the law. In a response earlier this year in March, the National Tax Service pointed out that if residents do not undergo withholding tax through a tax combination and receive virtual assets as service income based on incentive contracts from foreign companies, they must fulfill their obligation to declare comprehensive income tax. A case mentioned in the report shows that Singapore Company B intends to grant virtual assets to employees of its South Korean subsidiary Company C. The employee signed an incentive contract with Singapore Company B and engaged in work related to blockchain and virtual asset exchanges as instructed, receiving virtual assets as compensation. (Digital Asset)