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Economics 48 posts

Foreign Dividend Tax in Korea: Why 15% Beats 0%

Dividends from US stocks are withheld once at 15% with nothing added in Korea. Chinese dividends face an extra 4.4% at home. Here is the full arithmetic on 10 million won of dividends — and what changes above the 20 million won threshold.

Korean-Listed vs US-Listed ETFs: Where the Tax Flips

Two ETFs tracking the same S&P 500 index are taxed differently in Korea. At 8.33 million won of annual realized gain, the 15.4% dividend route and the 22% capital gains route cost exactly the same. Here is where each one wins.

Korea's Securities Transaction Tax in 2026: Now 0.20%

From January 2026, Korea's securities transaction tax is 0.20% on both KOSPI and KOSDAQ sales. Selling 10 million won of stock costs 20,000 won, withheld automatically. Here is how that 0.05 percentage point rise compounds with turnover.