President Lee "Need to change stock transaction tax and capital gains tax... considering incentives for long-term holding"

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President Lee Jae-myung expressed his view that the government should move toward imposing capital gains tax on stocks instead of a stock transaction tax.

On the morning of the 9th, President Lee presided over the first general meeting of the Presidential Economic Advisory Council at the Blue House. During the meeting, when asked by Kim Dong-hwan, a private advisor for the Growth and Economy Division of the advisory council, "What if the government were to provide tax benefits for dividend income tax, even temporarily, to encourage long-term investment?", the president made this statement.

President Lee said, "Capital is tied up in unproductive markets, most notably the real estate market, and converting it to productive sectors is the greatest task and goal of this administration. (Tax benefits for dividend income for small investors) should be reviewed. It makes sense."

(...)

https://n.news.naver.com/article/008/0005342009

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