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Seoul plans capital gains tax

20 January 2010

The tax authorities in Seoul are planning to levy a capital gains tax

Read more: [The tax authorities in Seoul capital gains tax on U.S. private equity firms South Korea]

The tax authorities in Seoul are planning to levy a capital gains tax on U.S. private equity firms exiting deals in South Korea, The Wall Street Journal reports. Korean officials are under pressure to introduce the...


 

Poll

What will UCITS IV mean to the market?

It will increase economies of scale and reduce costs for UCITS investors
34%
It will provide more choice, transparency and investor protection
17%
It will encourage the consolidation of funds
17%
It will result in a push by firms to domicile in a single location as opposed to multiple
17%
No real effect at all
14%