PANews reported on November 29 that according to News1, due to differences between the ruling and opposition parties in South Korea, the South Korean National Assembly's Strategy and Finance Committee failed to hold a plenary meeting originally scheduled for November 29. The meeting was expected to discuss tax law reforms, including postponing the taxation of virtual assets, relaxing inheritance taxes, and adjusting the taxation of dividend income. Although the ruling party suggested advancing 11 non-controversial tax bills, the opposition reportedly rejected this approach.
South Korea’s National Assembly failed to hold a plenary session on cryptocurrency taxation that was originally scheduled for today
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