Democratic Party lawmaker Kim Hyun-jung has introduced a revised Income Tax Act that would lower the top tax rate on dividend income from 35% to 25%.
What is covered in the Full Insight:
Introduction to Dividend Tax Reform
Details of the Proposed Tax Changes
Impact on Mid-Cap and Large-Cap Stocks
Investor and Market Reactions
Outlook and Implementation Challenges
Boomeranged on Mon, 10 Nov 2025 17:53
The final decision to lower top bracket dividend tax from 35% to 25% could be made in the next several days. There have been increasing local news flow that suggest lowering the top tax rate on dividend income from 35% to 25%. If this is finally announced in the next several days, this could turbo charge the Korean stock market, especially for the companies with higher dividend yields/payouts.