From January 1, 2021, an individual's income derived from transactions of stocks, certificates of entitlement to new shares, certificates of payment, and documents of title to shares issued or privately placed by companies not listed on the stock exchange or traded on over-the-counter markets shall be counted towards the amount of individual basic income according to the Income Basic Tax Act. However, the following conditions are exempt from inclusion:

(1) Companies approved by the central authority in charge of relevant enterprises as high-risk innovative startups and incorporated for less than five years.

(2) Transactions of such shares from July 1, 2021 regarded as the transactions of the house and land in accordance with provisions of Paragraph 3 of Article 4-4 of the Income Tax Act and are subject to income tax on house and land transactions.

Relevant Law

Item 1 of Subparagraph 3 of Paragraph 1 of Article 12 of the Income Basic Tax Act