South Korea's Ministry of Finance issued a notice on 17 October 2022 announcing that a tax exemption (0% tax rate) is being provided for non-residents on interest and capital gains derived from Korean government bonds and monetary stabilization bonds. The exemption is provided from 17 October 2022 until 31 December 2022 through an enforcement decree amendment and applies for both non-resident individuals and companies. The exemption is to continue to apply from 1 January 2023 through a legis…