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South Korea to Continue Discussions on Capital Gains Tax Proposal
2 week ago /
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Author：小编
According to Yonhap News Agency, the ruling party and the government of South Korea failed to achieve a consensus on the divisive capital gains tax plan during a high-level meeting on Sunday. Consequently, further deliberations will be held on the matter. Previously, the governing Minjoo Party of Korea had proposed reducing the threshold for stock capital gains tax from KRW 5 billion to KRW 1 billion, a measure that has ignited anxiety among South Korean investors and provoked widespread public dissent.
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