Bitcoin and Tax
The rules in Korea, the US and Japan, preparing for Korean taxation in 2027, and deductions for donations.
6 posts
- 1Articles
Bitcoin Taxes Explained: Rules in the US, Korea, and Japan
A comprehensive guide to Bitcoin taxation - capital gains principles, cost basis methods (FIFO, LIFO, Specific ID), taxable vs non-taxable events, record-keeping best practices, and jurisdiction-specific rules for the US, South Korea, and Japan. Not tax advice.
- 2ArticlesIntermediate
22% Tax on Crypto Gains in Korea Starting 2027
Korea's cryptocurrency tax takes effect January 2027. Learn the rate structure, how to use the annual exemption, the deemed acquisition price, cost basis rules for DCA investors, May self-reporting, and overseas asset reporting requirements.
- 3ArticlesIntermediate
Five Tax-Saving Scenarios to Audit Before Korea's 2027 Crypto Tax
On January 1, 2027, Korea begins taxing crypto gains at 22%. Deemed acquisition cost reset, spousal split for doubled deduction, self-custody cost basis evidence, foreign exchange self-reporting, and mining and Zap income. The five concrete scenarios every Korean Bitcoin holder should audit before it takes effect.
- 4ArticlesIntermediate
Japan's Crypto Tax: Up to 55% and How to File
Japan imposes some of the heaviest cryptocurrency taxes among developed nations. This guide covers the miscellaneous income 55% structure, step-by-step filing, legal minimization strategies, and the latest reform developments.
- 5ArticlesIntermediate
US Exchanges Now Report Your Bitcoin Trades Straight to the IRS
New broker reporting rules, cost basis tracking, wash sale debates, and practical strategies for US Bitcoin holders filing in 2026. Education only - not tax advice.
- 6Articles
Donating Bitcoin Cuts Your Taxes Twice
A practical guide to donating Bitcoin to qualified charities - the tax advantages of donating appreciated property, how to choose a reputable charity, step-by-step donation methods, record-keeping requirements, and jurisdiction-specific rules for the US, South Korea, and Japan. Not tax advice.