[Alpha Biz=(Chicago) Reporter Kim Jisun] Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho said on the 12th, "We are currently not specifically considering easing the Capital Gains Tax standards for major shareholders."

Deputy Prime Minister Choo held a meeting at the press room of the Sejong Government Complex later in the day and expressed his position on easing the Capital Gains Tax of major shareholders. Choo will soon step down from his post as deputy prime minister and return to his post as a lawmaker in his constituency. Choi Sang-mok, former senior presidential secretary for economic affairs, was nominated as his successor.

"There are several media reports on easing Capital Gains Tax standards for high-value investors, but we are not considering them in detail," Deputy Prime Minister Choo said. "We are currently listening to them because there are various stories in the market and other markets."

"I have nothing else to say," he added.

Currently, some in the ruling party are expressing opinions on easing Capital Gains Tax standards for major shareholders, but it is interpreted that it is not yet in the review stage for the deputy prime minister, who oversees economic policy.

 

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