According to South Korea's *Maeil Business Newspaper*, the South Korean Ministry of Finance and Economy has decided to classify perpetual contracts for US stocks offered by overseas cryptocurrency exchanges as overseas stock derivatives. Starting in 2027, an 11% capital gains tax will be levied on related investment income, with an annual tax exemption of 2.5 million won. The tax rate is half of the 22% tax rate for overseas spot stocks. These products track the prices of US stocks such as Nvidia, Apple, and Tesla. The South Korean government plans to strengthen tax collection by obtaining transaction records from overseas exchanges. [https://wublock123.com/news/south-korea-tax-11pct-on-foreign-exchange-us-stock-perpetuals-71168]