On 21 March 2019, South Korea's Ministry of Economy and Finance announced that the government will cut taxes on stock transactions. The effective date is not set but is expected by mid-2019.
---
Korea to Cut Stock Transaction Tax
The government will cut taxes on stock transactions this year to support the secondary market for venture firms, as well as promote venture capital. The new tax rates are as follows:
- A cut of 0.05 percentage points for stocks listed in KOSPI and KOSDA…