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South Korean Lawmaker Addresses Stock Price Manipulation Bill on July 21

2026-07-21 06:09:12

According to Yonhapinfomax, Lee So-young, a Democratic Party lawmaker, addressed the background of a proposed bill to prevent stock price manipulation on July 21 during a parliamentary hearing. Lee stated that tax assessment differs based solely on whether a company is listed or unlisted, highlighting an inequitable tax system. She noted that unlisted companies calculate inheritance and gift taxes based on fair value assessments, while listed companies use stock prices—a method vulnerable to deliberate price suppression ahead of succession events. The lawmaker indicated the government is preparing a related bill expected to be announced by late July.

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