South Korea's Tax Tribunal Orders Re-Investigation of 67 BTC Gift Tax Case on June 24

According to BlockBeats, South Korea's Tax Tribunal on June 24 ruled that a Bitcoin gift tax dispute requires further investigation. The case centers on whether transferring 67 BTC through a spouse's overseas exchange account constitutes a taxable gift.

Taxpayer A held the Bitcoin in a personal hardware wallet (Ledger) since before 2014 but transferred it through spouse B's account due to South Korea's Travel Rule restrictions, taking only 2–8 minutes. The tax authority had classified this as spousal gift and imposed gift tax on A. The tribunal found procedural flaws in the original investigation due to insufficient evidence submission, and noted that A's allocation—67 BTC returned to A's account and 13 BTC remaining with B—aligns with A's stated arrangement. The tribunal ordered a fresh investigation into the wallet's actual ownership and the digital assets' ultimate beneficial ownership.