South Korea Plans 11% Capital Gains Tax on U.S. Stock Perpetual Futures From 2027

South Korea will classify U.S. stock perpetual futures as overseas stock derivatives and subject gains to capital gains tax starting in 2027. According to Foresight News, Korean investors trading these contracts on overseas cryptocurrency exchanges will pay tax at an 11% rate. Tax will apply to annual gains after a basic deduction of about $1,861 (2.5 million won); the rate is half the 22% rate for overseas spot stock trading.