Insights from Interviews on Crypto Payments in Korea

1. Tax Processing
There seems to be a lot of discussion around tax guidelines when it comes to investment gains, but there are no clear guidelines yet for using crypto as a payment method. 
However, based on consultations, it seems there is no reason it can't be considered business income. We've queried the National Tax Service for clarification. Marking the token price (cost price) at the time of transaction isn't difficult, so this can be easily supported. It's important to create cases and precedents in this area.

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