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South Korea
In a bold move to stabilize its struggling currency markets, South Korea has lifted its 14-year ban on Kimchi bonds,…
South Korea is taking decisive steps to overhaul its tax framework on dividends as part of President Lee Jae-myung’s ambitious…
South Korea’s President Lee Jae-myung has proposed a bold new policy to strengthen the country’s semiconductor sector by introducing up…
South Korea operates a single standard value-added tax (VAT) rate of 10%, distinguishing it from most VAT jurisdictions that apply…
South Korea’s construction sector is facing its most severe downturn in over a decade, prompting urgent calls for government intervention…
At a high-level international gathering of tax authorities in Santiago, Chile, South Korea made a bold statement on the future…
South Korea’s tax revenue surged by 5.5 trillion won ($3.8 billion) in March 2025 compared to the same month last…
The National Tax Service (NTS) of South Korea announced that individuals subject to comprehensive income tax and local income tax…
South Korea isn’t just tinkering with numbers; it’s quietly re-engineering the social contract for working families. By raising the income…
Lee Jae-myung’s Semiconductor Tax Credit Proposal Puts South Korea’s Industry at the Forefront of Global Competition
South Korea’s Democratic Party presidential candidate, Lee Jae-myung, has unveiled an ambitious proposal to introduce a 10% production tax credit…