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Korean Job Discussion Forums
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chungbukdo
Joined: 22 Aug 2010
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 Posted: Thu Jan 20, 2011 9:55 pm Post subject: Re: The Idiot's Guide to Buying Gold in Korea |
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| Ethan Allen Hawley wrote: |
I was glad to learn here above, for example, that there's a 14% tax rate on sales of gold. I knew there was a tax, but I didn't know how much.
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Does anyone know if that rate applies when withdrawing money from the Shinhan Gold account?
ie We put money in and purchase gold. 5 years later we take it out (we are in effect "selling" gold), would we be taxed 14%?
And I'm really interested in buying physical silver here in Korea. If anyone has any information PM me. Are there any places in Seoul to do this? |
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Missihippi
Joined: 22 Oct 2007
Location: Gwangmyeong
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| Posted: Wed Dec 04, 2013 9:06 pm Post subject: |
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| Just wanted to bump this thread up. Gold currently is sitting at just over $1200. How high will it get? Are you currently buying or selling? |
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I-am-me
Joined: 21 Feb 2006
Location: Hermit Kingdom
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| Posted: Sun Dec 08, 2013 8:19 pm Post subject: |
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| Not buying nor selling it! |
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