
Korean bunyanggwon capital gains tax: still 60% past two years
A bunyanggwon is taxed at 70% under one year and 60% thereafter, however long it is held. On a 100 million won premium, 61.05 million goes to tax and 33.95 million is left.

A bunyanggwon is taxed at 70% under one year and 60% thereafter, however long it is held. On a 100 million won premium, 61.05 million goes to tax and 33.95 million is left.