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Perfume to Be Exempted from Taxation Starting 2015

Perfume to Be Exempted from Taxation Starting 2015

SEOUL, Aug. 14 (Korea Bizwire) — Beginning January of next year, the government will exempt taxes on perfume, deer velvet antler, and royal jelly for purchases less than 150,000 won (US$145.60). With the new measure, it is expected more consumers to make online purchases of perfumes from overseas shopping sites. According to the Ministry of Strategy & [...]