Tag: South Korea

South Korean homeowners in Seoul's high-priced Gangnam-area districts could face capital gains tax bills nearly four times current levels under a government plan to scale back the Long-Term Holding Special ...

South Korea's ruling Democratic Party is pressing the government to apply the same 1.4 billion won (about $1.0 million) basic deduction under the Comprehensive Real Estate Tax to one-home owners ...

An analysis of 14 recent sales in Seoul's Gangnam-gu found 10 structured as seller-financed loans, timed to beat a tax-law cutoff that otherwise erases a capital-gains deduction.

South Korea's presidential office is leaning toward a fourth delay of its 22% crypto tax, possibly to 2029; no final decision yet.

South Korea's National Assembly Strategy and Finance Committee has published a legislative review report, under Chief Expert Member Lee Jung-eun, warning that the government's planned Comprehensive Real Estate Tax hike ...

KakaoBank announced Oct 12 a new account for foreign residents in Korea, waiving transfer and ATM fees unconditionally and overseas-remittance sending fees to major countries, with receiving fees fully waived.

Seoul's land-transaction permit zones have cut suspected gap-investment deals 67.8% since Oct. 15, 2025, while a KB Kookmin Bank simulation finds average Seoul apartment property tax could rise 53.5% by ...

The Bank of Korea reaffirms in a National Assembly submission that won stablecoin issuance should stay bank-only, proposing a bank-led consortium model as legislation remains delayed.

South Korean industry participants are urging regulators to build liquidity safeguards into forthcoming won-stablecoin rules after several foreign stablecoins showed sharp price distortions on domestic exchanges in September.

South Korea's Ministry of Land, Infrastructure and Transport (MOLIT) unveiled a "Housing Stability Plan" on September 21 that aims to supply about 1.19 million public homes through 2030, an average ...