01552cas a2200241 a 4500 AALejournalIMF010084 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451969504 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Taxation Windfall Internationalization Korean Capital Markets. Washington, D.C. : International Monetary Fund, 1990. 1 online resource (44 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The paper describes the evolution of the corporate stock and bond markets in Korea and the Government's role in this evolution and its policy with regard to internationalization of the capital market. The paper analyzes problems encountered in gradually opening the Korean capital market to foreign participation and suggests alternative methods of taxing the windfall that will be generated. It also discusses the desirability of taxing the capital gains on financial assets as part of the global income tax in Korea. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1990/054 Full text available on IMF http://elibrary.imf.org/view/journals/001/1990/054/001.1990.issue-054-en.xml IMF e-Library