Wednesday, January 08, 2020

South Korea - The government announced its enforcement decree of the 2019 tax revision on January 6, 2020.

The government announced its enforcement decree of the 2019 tax revision on January 6, 2020.  

 Changes have been made to the 2019 tax revision as the government has more eagerly sought ways to promote innovation-driven growth.  

 Tax support has been increased to encourage supplies manufacturing and promote new growth engines.

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