capital gains Archives | Be Korea-savvy

S. Korea to Expand Capital Gains Tax for More Retail Investors from 2023

SEJONG, June 25 (Korea Bizwire) – South Korea said Thursday it plans to revise a law to expand capital gains taxes to all stock investors beginning in 2023, while lowering a stock transaction tax. Under the plan, all investors who hold listed stocks will be subject to a tax rate of 20 percent. If they hold [...]

S. Korea to Expand Capital Gains Tax on All Equity-linked Derivatives

SEJONG, Jan. 7 (Korea Bizwire) — South Korea said Monday that it will impose a 10 percent tax on profits from trading all stock index-related derivatives in the latest move to revise the country’s tax code. The revision — set to take effect in April — covers the KOSDAQ 150 Futures, KOSDAQ 150 Options and [...]