SECURITIES TRANSACTION TAX
1. Taxpayer
2. Scope of Taxation
3. Tax Base
4. Tax Rate
5. Collection at Transaction
6. Return and Payment
1. Taxpayer
	a. Securities Settlement Corporations
	b. Securities Companies
	c. Alienator of securities
2. Scope of Taxation
	Securities Transaction Tax (STT) is imposed on the transfer of stock of a corporation
	established under the Commercial Code or any special act, or on the transfer of interest
	in a partnership, limited partnership, or limited liability company established under the
	Commercial Code. However, the transfer of stock listed in the overseas stock such as
	NYSE, NASDAQ, TOKYO Stock Exchange, London Stock Exchange, Deutche Boerse AG,
	Euronet Stock Exchange, Singapore Stock Exchange and foreign stock exchanges
	similar to the above stock exchanges shall not be subject to STT.
3. Tax Base
	The base of the Securities Transaction Tax is the total value of securities at the time of
	alienation.
4. Tax Rate
	a. The tax rate is 0.5%.
	b. Temporary tax rates may be applied to stocks listed on KSE(Korea Stock Exchange),
		or KOSDAQ(Korea Securities Dealers Automated Quotation), if deemed necessary to
		boost the capital market. (Applicable rates to transferring stocks: 0.15% for the
		KSE-listed, 0.3% for the KOSDAQ-listed, and 0.5% for others)
5. Collection at Transaction
	The securities settlement corporations and securities companies are required to collect
	tax at the time of transaction.  It is computed by multiplying the tax base by the tax rate.
6. Return and Payment
	Taxpayers shall file tax returns and pay taxes to the government by the 10th day of the
	following month of the transaction.