Search results for capital gains tax
Finance
Mirae Asset Securities\' RIA client balance tops 260 billion won
Mirae Asset Securities said on April 27 that the cumulative balance of its domestic market return accounts (RIA) exceeded 250 billion won a month after the scheme was introduced. The balance started at 14.7 billion won on the first day of the system on March 23, reached 100 billion won in the second week and surpassed 200 billion won before a month had passed. It topped 260 billion won as of April 26.
Finance
Kiwoom Securities\' RIA accounts surpass 20,000; Nvidia most deposited stock
Kiwoom Securities said on Wednesday its RIA accounts, designed for investors returning funds to the domestic market, have surpassed 20,000. Nvidia was the most deposited overseas stock, accounting for more than 20 percent of total deposited balances. Tesla, SOXL, Palantir Technologies and Alphabet followed. The account offers capital gains tax reductions if proceeds from overseas stock sales are reinvested long term in domestic assets.
Crypto
U.S. crypto tax rules hamper everyday bitcoin payments
Bitcoin users in the United States who pay with the cryptocurrency face heavy tax reporting burdens because each purchase is treated as a separate capital transaction, analysts say. They must record acquisition and disposal details and report them to the IRS on Form 8949 and Schedule D. Cato Institute researcher Nicholas Anthony says this makes routine payments impractical and weakens bitcoin’s currency function. He proposes policy changes, while payment tools advance faster than tax rules.
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Crypto
OpenAI releases US industrial policy for the AI era, five changes crypto investors should watch
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Finance
Samsung Securities says RIA accounts top 100 billion won in balance two weeks after launch
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Finance
Oil and forex risks mount as South Korea steps up internet bank IT controls
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Finance
FX stabilisation bills pass parliament; tax exemption up to 100 percent for return to Korean stock market by May
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Finance
RIA account launch draws funds in first week as big firms dominate, raising concerns for smaller brokerages
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Finance
Samsung Securities RIA account balances top 30 billion won
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Finance
Brokerages roll out RIA accounts to lure overseas stock investors back to Korea
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Finance
Ruling party and government seek fast-track for three bills to stabilise exchange rate
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Finance
Triple bet on Korea ETFs in U.S. market: why overseas retail investors hesitate to return
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Finance
Govt weighs broader loan and tax curbs on multi-homeowners and non-resident single homeowners
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Finance
Household loans rise and multi-homeowner curbs set stage for tighter lending rules
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Finance
NH Investment Securities holds RIA pre-notification sign-up event
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Finance
Brokerages revive cash promotions, but only for domestic stocks
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Finance
Over 500,000 report capital gains tax on overseas stocks
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Finance
KOSPI breaks 5,000 for first time, sets new record