PART 01 Financial Investment Tax System

Chapter 01 National Tax Basic Act 2
SECTION 01 Definition and Classification of Taxes 2
SECTION 02 GENERAL PROVISIONS 4
SECTION 03 Tax Obligations 5
SECTION 04 Amendment Reports, Correction Requests, and Late Reports 8
SECTION 05 Principle of National Tax Priority 10
SECTION 06 Judging and Judging 10

Chapter 02 Income Tax Act 12
SECTION 01 The Meaning of Income Tax 12
SECTION 02 Scope of Taxable Income: Source of Income Theory 12
SECTION 03 Characteristics of Korea's Income Tax System 13
SECTION 04 Taxpayers 16
SECTION 05 Withholding Tax 18
SECTION 06 TAX PERIOD 19
SECTION 07 Income Classification and Calculation Structure 20

Chapter 03 Interest Income, Dividend Income, and Capital Gains 21
SECTION 01 Interest and Dividend Income 21
SECTION 02 Calculation of Interest and Dividend Income and Attribution Year 27
SECTION 03 Taxation of Financial Income 29
SECTION 04 TRANSFER INCOME 36

Chapter 04 Securities Transaction Tax Act 43
SECTION 01 Taxpayers and Scope of Tax Obligations 43
SECTION 02 Tax Calculation and Payment Methods 45

Chapter 05 Other Financial Taxes 47
SECTION 01 Securities Tax System for Foreigners 47
Practice Test Questions 51

PART 02 Tax Saving Strategies

Chapter 01 Tax Strategy: Financial Asset Tax Planning 54
SECTION 01 Gift Tax Saving Strategies 54
SECTION 02 Inheritance Tax Saving Strategies 57
SECTION 03 Comprehensive Taxation of Financial Income 59
SECTION 04 Comprehensive Taxation of Financial Income 64
SECTION 05 Whether to notify financial transactions when comprehensively taxing financial income 76
SECTION 06 Comprehensive Income Tax Filing Method 78
SECTION 07: The Right Investment Methods for Tax Savings 81
Practice Test Question 83

PART 03 Introduction to Financial Products

Chapter 01 Types of Financial Companies 86
SECTION 01 Overview of Financial Companies 86
SECTION 02 Types of Financial Companies 87

Chapter 02 Overview of Financial Products 96
SECTION 01 Classification of Financial Products 96
SECTION 02 Financial Products for Financial Planning and Tax Savings 98
Practice Test Questions 108

PART 04 Deposits and Trust Products

Chapter 01 Deposit Classification 110
SECTION 01 Classification by Deposit Product Type 110
SECTION 02 Classification of Deposit Products by Characteristics 113

Chapter 02 Types of Deposits 115
SECTION 01 Deposit and Accumulation Deposits 115
SECTION 02 Money Management Products 122
SECTION 03 Loan-Related Deposit Products 128

Chapter 03: Concepts and Characteristics of Trust Products 130
SECTION 01 Concept of Trust and Trust Business 130
SECTION 02 Trust Product Features 133

Chapter 04 Types of Trust Products 136
SECTION 01 Money Trust 136
SECTION 02 PROPERTY TRUST 141
Practice Test Questions 146

PART 05 Guaranteed Financial Products

Chapter 01 Life Insurance Products 150
SECTION 01 The Concept of Life Insurance 150
SECTION 02 Types of Life Insurance Products 153

Chapter 02 Non-life Insurance Products 163
SECTION 01: Concept and Characteristics of Non-Life Insurance Products 163
SECTION 02 Types of Non-Life Insurance Products 166
Practice Test Question 183

PART 06 Investment Financial Products

Chapter 01: Concepts and Types of Financial Investment Products 186
SECTION 01: The Concept of Financial Investment Products 186
SECTION 02 Types of Financial Investment Products 188

Chapter 02 Fund Products 194
SECTION 01: The Concept of Collective Investment Schemes 194
SECTION 02 Types of Collective Investment Schemes 197
SECTION 03 Affiliates of Collective Investment Schemes 210
SECTION 04 Redemption, Valuation, and Accounting 216
SECTION 05 Fund Product Types 224

Chapter 03 Other Financial Investment Products 235
SECTION 01 Lab Account 235
SECTION 02 Equity-Linked Securities (ELS) and Derivative-Linked Funds (DLF) 239
SECTION 03 Equity-Linked Warrants (ELWs) 244
SECTION 04 Repurchase Agreements (RPs) 251
Practice Test Questions 258

PART 07 Structure and Cases of Asset-Backed Securities

Chapter 01: Basic Concepts of Asset-Backed Securities (ABS) 260
SECTION 01: Basic Concepts of Asset Securitization 260
SECTION 02 Types of Asset-Backed Securities 261
SECTION 03: The Significance of the Introduction of Asset-Backed Securities 264

Chapter 02: Structure of Asset-Backed Securities 271
SECTION 01 Basic Structure 271
SECTION 02 Various entities involved in issuance 273
SECTION 03 Cash Flow Analysis and Credit Enhancement 274

Chapter 03: Major Types of Asset-Backed Securities 276
SECTION 01 Single SPC Structure 276
SECTION 02 Securitization Structure through Trust 277
SECTION 03: 2-Step Structure: Securitization Trust + Securitization SPC 278
SECTION 04 Korea Housing Finance Corporation Mortgage-Backed Bonds 280
Practice Test Questions 281

PART 08 Mortgage-Backed Securities

Chapter 01 Mortgage-Backed Securities (MBS) 286
SECTION 01 Primary Mortgage Market 286
SECTION 02 Secondary Mortgage Market 290
SECTION 03 MBS(Mortgage Backed Securities) 292
SECTION 04 Collateralized Mortgage Obligation (CMO) 297
SECTION 05 Credit Enhancement 302
SECTION 06 Korea's MBS System 303
SECTION 07 Reverse Mortgage (RM) 308
Practice Test Questions 312

PART 09 Retirement Pension

Chapter 01 Retirement Pension System 316
SECTION 01 Korea's Old-Age Security System 316
SECTION 02 Operation of the Retirement Pension System 317
SECTION 03 Types of Retirement Pension Systems 320
SECTION 04 Retirement Pension System Management Products 325
SECTION 05: The Effects of Introducing the Retirement Pension System 329
SECTION 06 The Role of Private Pensions 332
Practice Test Problem 334

PART 10 Introduction to Real Estate

Chapter 01: The Basics of Real Estate Investment 336
SECTION 01: The Concept and Characteristics of Real Estate 336
SECTION 02 Legal Aspects of Real Estate 341
SECTION 03 Economic Aspects of Real Estate 349

Chapter 02 Understanding Real Estate Investment 355
SECTION 01 Real Estate Investment Decision-Making Process 355
SECTION 02: Real Estate Investment Overview 366

Chapter 03 Use and Development of Real Estate 381
SECTION 01 REGULATIONS ON THE USE OF REAL ESTATE 381
SECTION 02 REAL ESTATE DEVELOPMENT 409
Practice Test Question 426

PART 11 Understanding Real Estate Investment Products

Chapter 01: Classification of Real Estate Investments 430
SECTION 01 Comparison of Real Estate Investment Methods 430
SECTION 02 Comparison of Real Estate Investment Institutions 432

Chapter 02 Understanding Real Estate Funds 435
SECTION 01 Fund Basic Investment Structure and Fund Flow 435
SECTION 02: Characteristics of Real Estate Funds by Type 436
SECTION 03 Types of Real Estate Risks 440
SECTION 04 Real Estate Risk Management Tools 442
SECTION 05 Other 446
SECTION 06: Return Analysis 447

Chapter 03 Real Estate Portfolio 450
SECTION 01 Portfolio Return and Risk 450
SECTION 02 The Effects of Portfolio Diversification 452

Chapter 04 Real Estate Valuation 454
SECTION 01 Value and Price 454
SECTION 02 Real Estate Value Analysis Process 456
SECTION 03: 3 Real Estate Appraisal Methods 461

Chapter 05: Analysis of Real Estate Investment Value 470
SECTION 01 The Significance of Real Estate Investment 470
SECTION 02 Cash Flow of Investment Property 471
SECTION 03 Types of Rates of Return 475

Chapter 06 Real Estate Development Project Feasibility Assessment 477
SECTION 01: Overview of Real Estate Development Projects 477
SECTION 02 Business Feasibility Assessment Procedure 479
Practice Test Questions 489

PART 12 Ritz Business

Chapter 01 Understanding the Real Estate Indirect Investment System 494
SECTION 01 Overview of the Real Estate Indirect Investment System 494
SECTION 02: The Progress of the Real Estate Indirect Investment System 495

Chapter 02 Understanding the Real Estate Investment Company Act 497
SECTION 01 History of the Real Estate Investment Company Act 497
SECTION 02 Key Contents of the Current Real Estate Investment Company Act 498
Practice Test Questions 511