The South Korean Tax Court has ruled to reopen the investigation into the transfer of Bitcoin gift tax in a spouse's account

The South Korean Tax Tribunal has made a re investigation ruling on a gift tax dispute involving the transfer of Bitcoin through a spouse's overseas exchange account. Taxpayer A will sell 67 bitcoins stored in Ledger through the transfer of spouse B's account, and the tax authorities will determine it as a gift and impose taxes. A claims that the asset is held by an individual and gives 13 bitcoins as compensation to their spouse. The court believes that A did not provide sufficient evidence such as a memorandum of agreement during the investigation period, and the distribution method of 80 bitcoins is consistent with A's statement. Therefore, it is necessary to re investigate the actual ownership of the hardware wallet and the substantial ownership of the digital assets.