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South Korea Unrealized Gains Tax Proposal Hits Korean Stocks

2026-06-23 21:25:53

Abstract generation in progress

South Korean lawmakers proposed taxing unrealized gains on stocks and real estate at a National Assembly forum on Tuesday. The proposal would tax paper profits before investors sell the underlying asset. Traders dubbed June 23 a Black Tuesday as major listings plunged across the KOSPI and broader Korean equity market.

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