Will the financial investment income tax be implemented?

The government's 2024 tax law amendment proposal included the abolition of the financial investment income tax, and the provisions on financial investment income in the current Income Tax Act were deleted by an amendment on December 31, 2024.

Therefore, the current system of taxing interest and dividend income, taxing capital gains on shares held by major shareholders and others, and levying securities transaction tax remains in place. Tax laws may be amended every year, so check the latest announcements from the Ministry of Finance and Economy and the National Tax Service.