NH Investment & Securities Publishes 'Monthly Tax Encyclopedia' to Resolve Tax Questions

[Asia Economy Reporter Lee Seon-ae] NH Investment & Securities announced on the 24th that it will provide the 'Monthly Tax Encyclopedia' to address customers' tax-related questions. The Monthly Tax Encyclopedia contains information about taxes in line with changes in investment culture.

The January edition of the Monthly Tax Encyclopedia covers taxes related to artworks. It addresses all taxes incurred from the acquisition to the disposal of artworks. It is characterized by explaining the unfamiliar art-related taxes from the investor's perspective in an easy-to-understand manner, clarifying the taxation standards that vary depending on the transfer price of the artwork. Common questions investors have are also answered in a Q&A format. Additionally, information about NFT (Non-Fungible Token) artworks, which have recently attracted investors' interest, is included.

The Monthly Tax Encyclopedia is a series published every third Wednesday of the month and plans to cover various topics ranging from virtual assets to overseas real estate. The planned topics are △February Stock Options △March Non-residents △April Virtual Assets △May Housing Rental △June Health Insurance △July Overseas Real Estate, focusing on tax-related content. Topics were selected based on issues likely to interest customers.

The materials were produced by the Tax Team of the WM Support Department at NH Investment & Securities, reflecting tax laws and interpretation cases, and were explained in an easy-to-understand way by applying various cases based on tax laws at the time of publication. In the future, the NH Investment & Securities Monthly Tax Encyclopedia will be published as a booklet and provided to customers.

An NH Investment & Securities official stated, “It was published to alleviate the vagueness about taxes in line with changes in investment culture,” and added, “We will strive to provide content that customers need on a wider range of topics going forward.”