According to online reports, according to South Korean media Digital Asset, South Korea's National Taxation Agency has made it clear that virtual assets obtained by residents from overseas companies in the form of labor income also need to declare comprehensive income tax. In response to relevant inquiries in March this year, the State Administration of Taxation stated that if residents obtain virtual assets from foreign companies as overseas labor income under separate incentive contracts and do not withhold them at source through the tax package, they are obliged to make a comprehensive income tax determination declaration. This case involves Singapore Company B's plan to distribute virtual assets to employees of its South Korean subsidiary Company C. The employee directly signed an incentive contract with Company B in Singapore, engaged in blockchain and virtual asset exchange-related work in accordance with Company B's instructions, and received virtual assets as remuneration.