The South Korean National Tax Service pursued 33.9 billion won in cross-border tax collection over nine months and will begin accepting reports on overseas crypto assets starting next year.

CoinFeed reported on April 28 that, according to The Korea Times, the Korea National Tax Service has recovered 33.9 billion won (approximately US$23 million) in back taxes in the past nine months through cooperation with tax authorities in three countries since the implementation of a new system in July 2025. This represents the majority of the 37.2 billion won recovered across borders since 2015. The National Tax Service is exchanging information with 163 jurisdictions to track assets hidden overseas. Starting next year, South Korea will receive virtual asset transaction data from 56 countries under a new crypto asset reporting framework. From 2030, it will also exchange information on overseas real estate holdings and transactions. The National Tax Service also participated in an overseas bankruptcy proceedings for the first time, successfully obtaining creditor status against a real estate developer that filed for bankruptcy in Indonesia.