Financial Knowledge

Taxes & Tax Rules

This section gives an overview of investment-related tax rules, including how income from funds, interest and dividends is taxed, withholding tax and the comprehensive taxation of financial income, capital gains tax on stocks and securities transaction tax, ISAs and pension accounts, and the income deduction for KOSDAQ venture funds. Tax laws are amended frequently and taxes vary with individual circumstances, so be sure to check the National Tax Service's guidance or consult a tax professional before actually filing or paying.

ฉบับภาษาไทยของหน้านี้กำลังจัดทำ ขณะนี้แสดงเนื้อหาเป็นภาษาอังกฤษ

50 questions · Last updated

  1. 01What taxes apply to money earned from funds?
  2. 02What requirements must be met for fund income to be taxed as dividend income?
  3. 03Are gains from trading listed stocks inside a fund taxed?
  4. 04When is tax taken from fund income?
  5. 05If I reinvest my fund distributions, is there no tax?
  6. 06Do I pay securities transaction tax when redeeming a fund, as with stocks?
  7. 07What counts as interest income?
  8. 08What counts as dividend income?
  9. 09What is withholding tax?
  10. 10What is the withholding tax rate on interest and dividend income?
  11. 11Why is 15.4% taken from my deposit interest?
  12. 12Is no tax withheld if the withholding amount is under KRW 1,000?
  13. 13What is the comprehensive taxation of financial income?
  14. 14If my financial income exceeds KRW 20 million, is all of it taxed at higher rates?
  15. 15What are the global income tax rates?
  16. 16When do I file a global income tax return?
  17. 17What is the dividend 'gross-up'?
  18. 18What is the separate taxation of dividend income from high-dividend companies?
  19. 19Can income received through a fund also qualify for separate taxation of high-dividend company dividends?
  20. 20Is capital gains tax charged on profits from selling stocks?
  21. 21How is a 'major shareholder' who pays capital gains tax on stocks determined?
  22. 22What are the capital gains tax rates on stocks?
  23. 23When do I file capital gains tax on stocks?
  24. 24What are the consequences of not filing capital gains tax?
  25. 25Is income from derivatives trading taxed?
  26. 26What is the securities transaction tax?
  27. 27What is the securities transaction tax rate?
  28. 28Are gains from selling bonds taxed?
  29. 29Will the financial investment income tax be implemented?
  30. 30What kind of account is an ISA (Individual Savings Account)?
  31. 31Who can open an ISA?
  32. 32What is the tax-free limit for an ISA?
  33. 33What happens if I terminate an ISA before 3 years?
  34. 34How much can I put into an ISA?
  35. 35What products can I invest in through an ISA?
  36. 36What changes if I move my matured ISA money into a pension account?
  37. 37What types of pension accounts are there?
  38. 38How much can I contribute to pension accounts each year?
  39. 39What requirements must be met to receive a pension from a pension account?
  40. 40How much tax is withheld when I receive a pension from a pension account?
  41. 41How is tax handled if I withdraw money from a pension account early?
  42. 42Can I get a tax credit for contributions to pension savings and IRP accounts?
  43. 43Can I get an income deduction for investing in a KOSDAQ venture fund?
  44. 44What happens if I redeem a KOSDAQ venture fund within 3 years?
  45. 45How is interest and dividend income received by foreigners (non-residents) taxed?
  46. 46If I paid tax abroad on dividends from overseas stocks or funds, do I have to pay again?
  47. 47Do I have to report overseas financial accounts?
  48. 48How is financial income taxed when the real name has not been verified?
  49. 49In which year is financial income counted?
  50. 50Where can I get personal tax advice?

General financial information, not investment advice. Rules and tax rates change; please check the latest guidance from the source institution.