S. Korea to lower stock transaction tax beginning May 30

S. Korea to lower stock transaction tax beginning May 30

증권거래세, 30일 매매체결분부터 인하br br South Korea is lowering the tax rate on stock transactions from today.br It's a charge levied on all stock transactions whether the investor made a profit or not, which has angered many who suffered losses last year.br Korea Exchange says the transaction tax for the KOSPI and the KOSDAQ is being lowered by 5 one-hundredths of a percentage point, so for both markets the tax will be an even one quarter percent.br It's expected to lead to an increase, to a certain degree, in trading volume.


User: Arirang News

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Uploaded: 2019-05-30

Duration: 00:28