TechFlow news, December 9 — According to South Korean media, the National Assembly has stalled on several key financial and民生-related bills due to controversy surrounding the presidential impeachment motion. Critical proposals, including the abolition of the financial investment income tax and the deferral of virtual asset taxation, failed to pass as scheduled. If these bills are not revised by the end of the year, the financial investment tax and virtual asset taxation will be implemented as originally planned starting January 1, 2025.
Lee Bok-hyun, Governor of the Financial Supervisory Service, stated that abolishing the financial investment tax is a bipartisan consensus and will continue to be advanced alongside other major policies such as capital market modernization. Kim Byung-hwan, Chairman of the Financial Services Commission, also emphasized that despite rising political uncertainty, the financial policy agenda—including measures to enhance valuations and establish a short-selling system—will proceed as originally planned.
