South Korea Eases Stock Option Tax Burden

Law360, New York (February 5, 2014, 5:29 PM EST) -- South Korea will ease stock option tax burdens to help venture start-ups attract talent to the industry, its government announced on Wednesday.

The country’s Ministry of Strategy and Finance said it will allow stockholders to either pay the earned income tax, which has a 38 percent maximum rate, when they exercise stock options or pay the transfer income tax of 10 or 20 percent when they sell their stocks.

“With the measures to develop the venture start-up funding ecosystem, the government laid a legal framework, mobilized...
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