other
South Korea's national tax authority, responsible for tax collection, audits, and enforcement of tax law, including overseas account and crypto reporting rules.
No evidence-backed relationships are recorded.
Korea's finance ministry proposed licensing crypto moves between Korean exchanges and overseas providers or private wallets, with a two-person staffing floor. Registration is cheap, so the cost to operators lies in filing transfer records for state investigators.
Reality
Korea's business registry sits behind a Korean-language portal and SMS verification, so an agent cannot reach it. One developer put it behind an HTTP 402 and $0.02 in USDC, then found his free tier had disqualified him from the marketplace.
Reality
The August 28 ruling keeps a bankrupt exchange's account on the annual filing even when the holder cannot withdraw, and with the 500 million won floor unchanged and acquisition-cost rules unpublished, the documentary burden sits with the filer.
Reality
The National Tax Service says one Korean manufacturer has waited since May 2023 for a fully documented withholding tax refund, and it wants Bangkok to count its investment incentives as taxes paid before the 15% floor eats them.
Reality
The National Tax Service published the thresholds it used and the count it produced. Corporate property holding in Korea is now a disclosed liability with a number attached.
Reality