Protest against investment income tax

Retail investors hold a candlelight vigil against a financial investment income tax in Seoul on Sept. 21, 2024. Under the scheme, set to take effect next year, capital gains of over 50 million won (US$38,000) from stock investments will be subject to a 20 percent tax, while earnings exceeding 300 million won will be subject to a 25 percent tax. (Yonhap)

(END)

[ⓒ K-VIBE. 무단전재-재배포 금지]