Hanwha Investment & Securities Launches Free Filing Service for Overseas Stock Capital Gains Tax and Comprehensive Income Tax
[Asia Economy Reporter Minji Lee] Hanwha Investment & Securities announced on the 29th that it will offer a free tax filing agency service during the May reporting period for capital gains tax on overseas stocks and comprehensive income tax.
The "Free Capital Gains Tax Filing Agency Service for Overseas Stocks" is available to premium customers using Hanwha Investment & Securities who have capital gains from overseas stocks for the 2021 tax year and need to file a report. The application period for this service is from April 1 to April 15.
As overseas stock investments by customers increased last year, Hanwha Investment & Securities expanded convenience by allowing service applications not only at branches but also remotely through MTS (Mobile Trading System) and HTS (Home Trading System).
This service is also available to premium customers of Hanwha Investment & Securities whose financial income subject to comprehensive taxation exceeded 20 million KRW in 2021. The application period is from May 2 to May 18, and applications can be made by visiting branches.
Meanwhile, Hanwha Investment & Securities recently launched a "Gift Tax Filing Agency Service" in response to growing interest and increasing filings related to the gifting of stocks and other financial assets.
The Gift Tax Filing Agency Service provides free filing agency for gift tax when ▲ parents gift financial products of Hanwha Investment & Securities to their children, ▲ grandparents to grandchildren, or ▲ one spouse to the other spouse.
This service targets customers who have deposited 100 million KRW or more in assets with Hanwha Investment & Securities or have subscribed to funds, ELS, etc., sold by Hanwha Investment & Securities with 50 million KRW or more (20 million KRW or more for minors).
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Shin Choong-seop, Executive Director of Hanwha Investment & Securities, stated, "Hanwha Investment & Securities provides free tax filing agency services for comprehensive income tax, capital gains tax on overseas stocks, and gift tax through partnerships with professional tax firms. We will continue to strive to enhance customer convenience and expand various tax consulting services to manage valuable assets."
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