與, the General Assembly continues to discuss virtual asset tax deferral… Tomorrow, the Finance and Economy Committee's party-government consultation (comprehensive)

(Seoul = Yonhap News) Reporters Kim Jeong-jin, Ahn Jung-hoon, Choi Joo-seong, and Jeong Yeon-sol = On the 27th, the Democratic Party of Korea announced that it would decide its position as soon as possible after collecting additional opinions within the party regarding whether to defer taxation of virtual assets.

In relation to this, the Democratic Party plans to hold a party-government consultation centered on the National Assembly's Finance and Economy Committee on the 28th to share opinions on the issue of virtual asset taxation.

Floor spokesperson Jeon Eun-soo met with reporters after the general meeting of lawmakers held at the National Assembly that day and said, “We will collect more opinions so that a decision can be made.”

Former floor spokesperson said that Policy Committee Chairman Kwon Chil-seung conveyed various opinions surrounding the taxation of virtual assets at the general meeting, and that “there were opinions that the content actually exchanged (at the general meeting) should be postponed.”

However, former floor spokesperson said, "That does not mean (the party's opinion) has been decided today," and added, "There are about 60 days left from the implementation of (virtual asset taxation), so we will make a decision as soon as possible."

It was reported that at the general meeting on this day, many opinions were raised that virtual asset taxation should be postponed.

Senior Deputy Representative for National Policy Kim Han-gyu met with reporters after the general meeting and said, "No one is opposed to the deferral of virtual asset taxation itself, but rather, individual opinions have emerged that a deferral is necessary." He added, "I think the atmosphere is converging in favor of a deferment."

Then, on the 28th, he announced the holding of a party-government consultation at the Finance and Economy Committee level and added, "There may be other stories there, but basically, if the party's opinions are gathered and conveyed to a certain extent, the government will think about it and announce (its position on virtual asset taxation) probably next week."

At the general meeting on this day, Policy Committee Chairman Kwon explained the status of virtual asset taxation and introduced the argument that it should be implemented as planned based on tax justice and asset taxation principles, as well as the argument that it should be postponed considering the possibility of opposition from young people and fairness with the abolition of financial investment income tax.

At the same time, it was reported that he expressed his opinion that deferring taxation was appropriate.

Rep. Ahn Do-geol, a member of the National Assembly's Finance and Economy Committee, also sympathized with the need for taxation, but raised the need for a postponement, citing the fact that the related system and tax execution system were not sufficiently established.

Rep. Ahn is known to have said that "taxation should be implemented in conjunction with the enforcement of the Framework Act on Digital Assets," citing issues such as the unclear legal status of virtual assets, the unclear subject of taxation, difficulties in securing overseas transaction information, and issues of tax fairness between long-term holders and short-term traders.

Rep. Cho Seung-rae, chairman of the Finance and Economy Committee, is said to have suggested that the issue of taxation of virtual assets should not be dealt with separately, but that other tax issues should also be comprehensively reviewed and addressed all at once.

Meanwhile, the Democratic Party also discussed next year's budget plan, including the future response fund, at the general meeting on this day.

Regarding next year's budget, former floor spokesperson said, "The basic plan has been released," and Rep. Ko Min-jung mentioned the budget for meal and snack expenses at daycare centers and urged lawmakers' attention.