Cigarette Tax Revenue Jumps on Back of Price Hikes

SEOUL, July 12 (Korea Bizwire) — South Korea’s cigarette tax revenue jumped in the first six months of 2015 from a year earlier on the back of the country’s new tax policy that began as of January, data showed Sunday. The Ministry of Strategy and Finance said it has raked in 4.3 trillion won (US$3.8 billion) [...]