Korean Stock & Equity Research

Investing Guides/Tax & Compliance

Yes — Korean-listed shares are considered Korea-situs assets, so if a non-resident foreign investor dies holding KOSPI or KOSDAQ stock, that stock is subject to Korean inheritance tax regardless of the deceased's nationality or residence, though only a 200 million Won basic deduction applies (versus the far larger deductions available to Korean residents). There's no US-Korea estate tax treaty, ..