South Korea’s Financial Overhaul Includes Ending Capital Gains Tax

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South Korea’s Democratic Party of Korea (DPK) is moving to abolish the capital gains tax on financial investments, with a decision expected during the National Assembly’s final regular session on December 10.

The proposal is part of a larger effort to strengthen the country’s financial markets and stimulate economic growth.

Governor Lee Bok-hyun of the […]

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Author / Journalist: Lipika Deka

Category: Crypto

Markets: IndiaSouth Korea

Topics: Crypto Regulation Crypto Tax News Market Market News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-09 @ 07:39:34 (2 weeks ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 134 words

Reading Time: 1 minutes read

Sentences: 42 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 24266434

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