South Korea poised to propose tax on derivatives

07/29/2013 | Yonhap News Agency (South Korea)

South Korea's Ministry of Strategy and Finance is poised to propose a tax on derivatives trading starting in 2014, according to ministry officials. The government estimates that a tax on futures and options trades will generate as much as 120 billion won annually. However, the bill is expected to face opposition from market participants.

View Full Article in:

Yonhap News Agency (South Korea)

Published in Briefs: