Government to Maintain 5 Billion Won Threshold for Major Shareholder Capital Gains Tax [3-Minute Brief]

[At a Glance]
① Deputy Prime Minister: "Stock capital gains tax threshold for major shareholders to remain at 5 billion won... Vitalizing the capital market"
② Agricultural distribution costs to be cut by 10% within 5 years... Half of wholesale transactions to move online
③ In 20 years, 15 cities and counties will have fewer than 10,000 workers... Local extinction crisis approaching

MARKET INDEX

○All three major U.S. stock indices closed higher... Hopes for a rate cut in September

○96% probability of a 0.25 percentage point rate cut at the FOMC meeting on the 17th

○Trump's comment that "U.S.-China trade negotiations are progressing smoothly" also boosted investor sentiment

TOP 3 NEWS

■ Koo Yooncheol: "Stock capital gains tax threshold to remain at 5 billion won"

○Decision reversed in response to criticism that it would hinder capital market revitalization
○Measures for people's livelihood, including supplying 170,000 tons of Chuseok holiday goods
○43 trillion won in holiday funds and measures to address overdue wages implemented in parallel

■ Online wholesale market share to reach 50% by 2030... Complete overhaul of agricultural distribution structure

○Public nature of wholesale markets to be strengthened
○Distribution costs to be reduced by 10% by 2030
○Price comparison apps and other measures to stabilize perceived prices implemented in parallel

■ Small and medium-sized cities facing extinction crisis... In 15 cities, the number of workers will fall below 10,000 in 20 years

○Bank of Korea, BOK Economic Research: "Impact of population change on regional labor markets"
○Influx of young people into large cities widening the gap in economically active population
○"Conditions must be created for young people to find economic opportunities in local areas as well"

Graphic News: "Not an AI bubble"... Surging semiconductor ETFs

○Semiconductor ETFs posted more than 20% returns this month

○"Strong earnings from AI companies are driving demand and stimulating investor sentiment"

○Researchers say, "Overall industry conditions will improve"

Money-Making Law

■ "In the UK, being a lawyer is just a qualification"-Online and night classes now open

○Significantly lowers the entry barrier for office workers
○Possible to study without going abroad
○No guarantee for the future... Merely a matter of market competition
☞Read the article:  https://www.asiae.co.kr/article/social-general/2025091515364293896

■ Beneficiaries cannot be deemed 'malicious' solely due to unusual transactions

○Establishment of collateral security amid excessive debt led to a fraudulent conveyance lawsuit
○First and second trials rejected the argument that the beneficiary was acting in good faith
○Supreme Court overturned the previous ruling, stating that good faith must be judged comprehensively, not just based on simple circumstances
☞Read the article:  https://www.asiae.co.kr/article/social-general/2025091515371499062

■ Why ICSID moved to Singapore: "Only Asia is growing in the global economy"

○"Singapore has the image of a neutral country"
○Attracting India and Vietnam as ICSID member countries
○Optimal location due to physical proximity
☞Read the article:  https://www.asiae.co.kr/article/social-general/2025091515423617866

* 'Money-Making Law,' a content partnership between Asia Economy and Law Times, is published every Tuesday and Thursday.

Today's Key Schedule

○Domestic

○International

15:00 UK Average Earnings Index including Bonus (July)

18:00 Germany ZEW Economic Sentiment Index (September)

21:15 Canada Housing Starts (August)

21:30 U.S. Retail Sales (MoM) (August)

21:30 Canada Core Consumer Price Index (MoM) (August)

23:00 U.S. Retail Inventories excluding Autos (July)

◇Lunch & Evening Commute Weather

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○Precipitation probability: 60% in the morning ｜ 80% in the afternoon
○Fine dust: Moderate in the morning ｜ Moderate in the afternoon

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