South Korea Assembly Considers Bill to Partially Amend Corporate Tax Act

The South Korean National Assembly Sept. 16 accepted for consideration Bill No. 2213031, to partially amend the Corporate Tax Act’s investment ratios for excluding dividend income received from domestic corporations. The bill includes measures to: 1) introduce a 50 percent exclusion for shareholdings of at least 10 percent and under 20 percent; and 2) apply the 30 percent exclusion for shareholdings under 10 percent. The law would take effect Jan. 1, 2026. [South Korea, National Assembly, 09/16/25]

Reference:
View Bill No. 2213031. View Legislative History of Bill No. 2213031. View Index.