South Korea tax authorities to launch digital asset tax advisory panel on Aug. 24

South Korea’s tax authorities will hold the first meeting of an advisory panel on Aug. 24 as they aim to establish a tax notice on digital assets in October, Edaily reported in an exclusive. According to Edaily, South Korea’s National Tax Service digital assets division completed the 12-member panel on Aug. 7, and the group plans to begin full-fledged discussions at its first meeting later this month. The National Tax Service also required advisers to sign pledges not to disclose any related matters externally, including whether they were participating, the panel’s composition, discussion details, and meeting schedules.