On Feb. 6, SK Tax reminded of capital gains tax payment due Feb. 28.
SK Tax issued guidelines on H2 2024 capital gains tax filing and a new support service.
Follows SK Tax Feb. 2024 reminded of capital gains tax for 2023 H2, see #200841.
Guidelines
Apply to major shareholders who transferred domestic shares and minor shareholders who traded listed shares over-the-counter in H2 2024 between Jul. and Dec. 2024.
In addition to shareholders who transferred unlisted shares but excluding shareholders who traded small and medium-sized enterprises' shares on the K-OTC run by SK FIA.
Since Feb. 5, 2025, SK Tax has been sending mobile notifications to major shareholders of listed companies and shareholders who traded on the K-OTC subject to reporting.
A service which automatically fills out the 6 items required for filing capital gains tax, including stock code, transfer price, will be provided from Feb. 10, 2025 via Hometax.
Effectiveness
The deadline for tax reporting and payment is Feb. 28, 2025.
