<Anchor> The

government has put in place a plan to reorganize the financial tax system, which taxes income from stock investments and lowers transaction taxes. Individual investors who have invested more than 20 million won in domestic stocks from 2023 will pay capital gains tax.

This is reporter Park Chan-geun.

<Reporter>

First of all, from 2023 onwards, the tax on the capital gains of listed stocks currently limited to large shareholders will be expanded to small shareholders.

After subtracting 20 million won as a basic deduction, a tax rate of 20% is applied to the section below 300 million won and 25% is applied to the section exceeding 300 million won for the remaining profit.

Even small shareholders, called so-called ants, have to pay taxes by earning more than 20 million won through stock investment.

The government estimates that 300,000, the top 5% of all 6 million equity investors, will pay capital gains.

About 85% of total capital gains are taxable.

Prior to this, from 2022, the current non-taxable bond transfer margins and stocks in the fund will also be taxed.

In addition,'income control' is introduced, which sums the annual income and loss of all financial investment products held by an individual and only taxes net profit.

Loss carryover is permitted for three years.

Instead of increasing the tax on capital gains, the securities transaction tax is lowered in stages.

It is down 0.1 percentage points twice in 2022, 0.02 percentage points, and 2023 0.08 percentage points.

[Hong Nam-ki/Deputy Prime Minister: Only the top 5% of equity investors are taxed, and most small investors are expected to ease the tax burden by lowering the securities transaction tax.] The

government finally finalized the financial tax reform plan at the end of next month, He said he would promote legislation.