A tax on the trade itself, not on the profit
It is charged on the value of the trade whether or not you made money, so it is paid even on a losing sale and stacks up the more often you trade. Some countries levy it and others do not.
A 0.2% transaction tax on a $1 million sale takes $2,000.
Japan — Japan has no securities transaction tax; it was abolished in 1999 and only gains are taxed.
South Korea — In Korea a securities transaction tax applies on sale: 0.05% on KOSPI plus a 0.15% rural levy, and 0.20% on KOSDAQ (as of 2026).
For learning, not investment advice. Decisions are your own.
StockFit · TrueNorthLabs Inc.