Shinhan Financial Investment Opens Financial Investment Income Tax Portal

[Photo by Shinhan Financial Investment]

[Asia Economy Reporter Lee Jung-yoon] Shinhan Financial Investment announced on the 9th that it has launched a Financial Investment Income Tax Portal where users can view all information related to taxes on financial products at a glance.

The Financial Investment Income Tax Portal contains guidance on financial investment income tax, taxes arising from financial investments, and tax-saving strategies. It includes comprehensive information on financial investment income tax, from general matters scheduled to be implemented next year, tax rates, tax amount calculation, to the reporting and payment system. Additionally, it introduces strategies to save taxes and various tax-saving systems and products. It also provides information on tax systems for financial products and interest, dividends, pensions, and capital gains arising from financial investments. Lastly, it is organized to allow easy access to resources, FAQs, and tax schedules.

Meanwhile, Shinhan Financial Investment is accelerating guidance and infrastructure development in response to the establishment of the financial investment income tax. In February, it became the first in the industry to open a simplified financial investment income tax calculator on Shinhan Alpha, Shinhan Financial Investment’s Mobile Trading System (MTS). In the same month, it published "Easy-to-Understand 2023 Financial Investment Income Tax" to aid comprehension, and released a revised edition last month. The Shinhan Financial Investment Financial Investment Income Tax Portal can be accessed through the Shinhan Financial Investment website.

Jung Kyu-ho, head of the Financial Investment Income Team at Shinhan Financial Investment (tax accountant), stated, "Currently, the Financial Investment Income Tax Portal allows users to understand the overall financial investment income tax system," and added, "Once the financial investment income system is established, the portal will provide customers with actual financial investment income tax information."

This content was produced with the assistance of AI translation services.