[South Korea's National Tax Service Advances Preparations for Crypto Taxation by 2027, While Parliamentary Discussions on Abolishing Related Tax Policies Remain Stalled] According to South Korea's *Chosun Ilbo*, the National Tax Service is accelerating preparations for the taxation of virtual assets by 2027, including the establishment of a new Digital Asset Integration Division and the development of a comprehensive virtual asset analysis system. However, a petition signed by 50,000 people calling for the abolition of virtual asset taxes has yet to be included in the parliamentary agenda, leaving discussions at a standstill. Under the current tax system, profits from virtual asset investments are taxed at 22% after a 2.5 million KRW deduction, while stock investors are not subject to capital gains tax for transactions on exchanges, and losses from virtual assets cannot be carried forward to offset future gains, which has been criticized as unfair. Related discussions are expected to progress after the government announces its tax reform plan at the end of July.