KB Securities announced on the 4th that it will provide a free capital gains tax filing agency service for individual customers using overseas stocks until April 30.
The KB Securities free capital gains tax filing agency service for overseas stocks is available to any individual customer using KB Securities' overseas stock services. In particular, to enhance customer convenience, KB Securities guides customers through the entire process?from application for the capital gains tax filing agency service conducted by an affiliated tax corporation to receiving the payment notice?via mobile notification talk or LMS.
Customers investing in overseas stocks who have a combined profit or loss amount from overseas stock trading exceeding the annual basic deduction amount of 2.5 million KRW become subject to a 22% capital gains tax and must file and pay the capital gains tax every May.
The KB Securities free capital gains tax filing agency service for overseas stocks can be easily applied for by visiting a KB Securities branch or online through the MTS platforms ‘M-able (Mabeul)’, ‘M-able mini (Mabeul Mini)’, and the HTS platform ‘H-able (Heibeul)’. If there are transaction records with other securities firms, applications can only be made by visiting a nearby branch.
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