South Korea ETFs Could be Affected by Tax Plan
January 22, 2018 at 11:22 AM EST
The iShares MSCI South Korea Capped ETF (NYSEArca: EWY) gained about three-quarters of a percent last week, but stocks in Asia’s fourth-largest economy could be challenged by changes to the country’s capital gains taxes. Under a draft plan, some foreign investors would face capital...