Group 1 - Over 120,000 people in South Korea have signed a petition to halt the recently announced capital gains tax increase plan, surpassing the required 50,000 signatures for parliamentary review, testing the ruling party's resolve to push the proposal through [1][3] - The tax increase plan includes significantly lowering the capital gains tax threshold from 5 billion KRW to 1 billion KRW (approximately 714,000 USD), raising the securities transaction tax rate from 0.15% to 0.2%, and increasing the highest corporate income tax rate from 24% to 25%, reversing the previous government's tax cuts [2] - The unexpected tax proposal has severely impacted investor confidence, with the Kospi index experiencing a 3.9% drop, the largest decline since April of this year, as investors express disappointment over the sudden announcement amid ongoing structural reforms in the South Korean capital market [2][3] Group 2 - The tax proposal has faced strong opposition, particularly from retail investors, with over 30,000 signatures against the capital gains tax proposal collected by Friday afternoon, indicating significant discontent within the investor community [3] - Investor and business groups warn that the tax increase could alienate a large and influential retail investor base and potentially weaken the competitiveness of South Korean companies, casting a shadow over the prospects for economic reform [3]
提高资本利得税计划引发反对声浪,韩国逾12万人签请愿书要求叫停
Hua Er Jie Jian Wen·2025-08-04 03:44