Tax Cut Archives | Be Korea-savvy
Major Imported Car Brands not to Offer Tax Refunds

Major Imported Car Brands not to Offer Tax Refunds

SEOUL, Feb. 25 (Korea Bizwire) - Major foreign brands selling cars in South Korea have decided not to offer any refunds to their customers despite the government’s recent tax cut, claiming that it has already been reflected in their ramped-up sales promotions, company officials said Thursday. The government ended a 1.5-percentage-point excise tax cut at the [...]

Number of Certified ‘Green Buildings’ Increasing in Seoul

Number of Certified ‘Green Buildings’ Increasing in Seoul

SEOUL, South Korea, Aug 22 (Korea Bizwire) –  The number of ‘Green Buildings’ that contribute to improving a clean and healthy living environment through the efficient use of energy and environment-friendly construction technology is on the rise in Seoul. The city government of Seoul has actively promoted green buildings by offering incentives, most notably tax cuts [...]