S. Korea Not Considering ‘Windfall Tax’ on Energy Firms

SEJONG, Jan. 26 (Korea Bizwire) — South Korea’s finance minister said Thursday the country is not considering the so-called windfall tax on energy companies, as local refiners have different business structures compared with European counterparts. The remark came after Lee Jae-myung, who heads the main opposition Democratic Party, claimed that South Korea should adopt the [...]