**Facebook Post… Advocating for a 2-Year Delay in Cryptocurrency Investment Income Tax**
Han Dong-hoon, leader of the People Power Party, reiterated his stance on November 22nd for a 2-year delay in taxing cryptocurrency investment income.
On Facebook that day, Han shared a news article reporting that Lee Jae-myung, leader of the Democratic Party, raised realistic concerns regarding the possibility of taxation on cryptocurrencies. Han stated, “Indeed, as Representative Lee mentioned, fair and equitable taxation of cryptocurrencies is challenging given the current state of preparations.”
He further argued, “So, let’s prepare thoroughly over the 2-year delay,” pointing out that “the Democratic Party has no grounds to insist on immediate taxation of cryptocurrencies.”
Currently, the government and the ruling party hold the position that the scheduled taxation on cryptocurrencies, set to begin next year, should be postponed for another 2 years. In contrast, the Democratic Party maintains that it should be enforced as planned starting next year.