South Korea Assembly Considers Bill to Partially Amend Corporate Tax Act

The South Korean National Assembly Sept. 17 accepted for consideration Bill No. 2213048, to partially amend the Corporate Tax Act’s investment ratios for excluding dividend income received from domestic corporations. The bill includes measures to: 1) reduce the investment ratio, to less than 10 percent from less than 20 percent, to qualify for the 30 percent income exclusion; 2) amend the investment ratio, to between 10 and 50 percent, from between 20 and 50 percent, to qualify for the 80 percent income exclusion. The law would take effect Jan. 1, 2026. [South Korea, National Assembly, 09/17/25]

Reference:
View Text of ...