Act on Special Measures Concerning Taxation

The provisions of Article 9-4-2 of the New Act on Special Measures Concerning Taxation (limited to the part pertaining to paragraph (1), item (ii)) apply to the termination or partial cancellation of listed securities investment trusts, etc. prescribed in that paragraph on or after the date specified in Article 1, item (x) of the Supplementary Provisions.

The provisions of Article 31-2, paragraph (5) of the New Act on Special Measures Concerning Taxation apply to transfers of land, etc. prescribed in paragraph (1) of that Article that an individual makes on or after January 1, 2028.

The provisions of Article 38-2, paragraphs (1) through (3) and Article 38-3 of the New Act on Special Measures Concerning Taxation apply to transfers prescribed in Article 38-2, paragraph (1) of the New Act on Special Measures Concerning Taxation of specified crypto assets prescribed in that paragraph that a resident or a nonresident who has a permanent establishment referred to in that paragraph makes on or after the date specified in Article 1, item (x) of the Supplementary Provisions.

The provisions of Article 38-2, paragraphs (4) through (9) of the New Act on Special Measures Concerning Taxation apply to acts prescribed in paragraph (4) of that Article with respect to the specified crypto assets referred to in that paragraph that a crypto asset trading business operator referred to in that paragraph conducts with a resident or a nonresident who has a permanent establishment referred to in that paragraph on or after January 1 of the year following the year that includes the date specified in Article 1, item (x) of the Supplementary Provisions.

The provisions of Article 41-14, paragraph (1) of the New Act on Special Measures Concerning Taxation (limited to the part pertaining to item (ii)) apply to cash settlement, etc. prescribed in that paragraph pertaining to futures transactions prescribed in that paragraph that a resident or a nonresident who has a permanent establishment referred to in that paragraph makes on or after the date specified in Article 1, item (x) of the Supplementary Provisions, and the provisions then in force continue to govern cash settlement, etc. prescribed in Article 41-14, paragraph (1) of the Former Act on Special Measures Concerning Taxation pertaining to futures transactions prescribed in that paragraph that a resident or a nonresident who has a permanent establishment referred to in that paragraph made before that date.

The provisions of Article 203-3 of the New Income Tax Act as replaced pursuant to the provisions of Article 41-16-2, paragraph (4) of the New Act on Special Measures Concerning Taxation and the provisions of Article 41-15-3 of the New Act on Special Measures Concerning Taxation apply to public pensions or retirement packages to be paid on or after January 1, 2028, and the provisions then in force continue to govern public pensions or retirement packages to be paid before that date.