South Korea2026.11.02Odaily

Starting Next Year, South Korea to Impose 11% Tax on Gains from US Stock Perpetual Contracts on Overseas Exchanges

• The 11% tax rate applies to profits from perpetual contracts tied to US stocks traded on offshore exchanges, taking effect starting next year.
• The move reflects South Korean tax authorities' intent to close a gap where gains from crypto-exchange-based derivatives products previously escaped domestic taxation.
• The policy targets Korean investors using foreign platforms to trade leveraged, non-expiring contracts referencing US equities rather than traditional securities brokerages.