[South Korean Multi-Party and Labor Unions Propose Taxation on 'Unrealized Gains' from Stocks and Real Estate] According to Yonhap News Agency, South Korean ruling party lawmakers, along with several labor and social organizations, have proposed including unrealized gains (floating profits) from assets such as stocks and real estate into the scope of comprehensive income tax. They advocate for taxation based on actual economic capacity rather than the point of sale, aiming to reduce loopholes in capital gains taxation. Scholars at the meeting pointed out that taxing only at the time of asset sale leads to taxpayers delaying transactions, creating a 'freezing effect' that hinders capital flow to more efficient sectors. The proposal includes: - Principally recognizing unrealized gains as income, but allowing tax obligations to be deferred until the asset is sold, with interest applied; - Maintaining taxation upon realization for assets like real estate and unlisted equity that are difficult to assess market value; - Limiting the new system to high-net-worth individuals and specific financial assets, while strengthening the tax burden on high-income capital gain earners.