F&Guide Signs MOU with Daishin Economic Research Institute for Investment Tax-saving Solutions

[Asia Economy Reporter Minji Lee] Financial information company FnGuide announced on the 10th that it has signed a Memorandum of Understanding (MOU) with Daesin Economic Research Institute for a stock tax-saving related solution.

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Through this MOU, both companies plan to jointly develop a Korean-style Tax Loss Harvesting logic and provide the solution. Tax Loss Harvesting is an investment management strategy that reduces taxes and pursues additional alpha (Tax Alpha) by confirming losses, repurchasing stocks that can realize gains while maintaining a consistent portfolio strategy, and utilizing techniques such as loss carryforward. It is already actively applied in advanced financial countries like the United States, and in Korea, the importance of investment tax saving is expected to increase further due to financial tax reform measures, raising the necessity of Tax Loss Harvesting.

An FnGuide official stated, “We plan to assist general investors in establishing more rational tax-saving investment strategies by providing easy management of key indicators that significantly affect financial investment taxation?such as financial income amount, profit and loss offset amount, exhaustion status of basic deductions, and whether one is a major shareholder?which can be difficult for individuals to manage on their own.”

The solution will offer portfolio strategies based on Tax Loss Harvesting techniques, management of key tax indicators supporting this, detailed tracking, and simulation of tax impacts according to expected trades.

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