Schizopora paradoxa KUC8140 is a white rot wood degrader commonly found in Korea. Tolerance to heavy metals and polycyclic aromatic hydrocarbons and dye decolorization activity make this strain a potential candidate for mycoremediation. We report the genome sequence of S. paradoxa KUC8140 containing 44.4Mbp. Based on ab initio gene prediction, homology search and RNA-seq, total 17,098 gene models were annotated. We identified 17 lignin-modifying peroxidases and other 377 carbohydrate-active enzymes for modeling lignocellulose deconstruction and mycoremediation.