tax break Archives | Be Korea-savvy

S. Korea to Give Tax Break to KOSDAQ-listed Firms

SEOUL, Nov. 13 (Korea Bizwire) — South Korea will extend a tax break to companies listed on the KOSDAQ stock market and revamp listing rules to help small and medium-sized firms raise funds through the junior market, the country’s financial regulator said Monday. Details of the tax incentive, including how much tax will be deducted, [...]

Widened Tax Breaks Lead Koreans to Spend More at Duty-free Shops

SEOUL, Sept. 3 (Korea Bizwire) — South Koreans spent more at duty-free shops this year after the government widened tax breaks last year, while domestic consumption remained in the doldrums, a survey showed Thursday. According to the survey conducted by online travel agency Expedia on 1,000 salaried workers between the ages of 20 and 49 in the [...]