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Republic of Korea: Implications for trade of 2013 Tax Revision Bill

Description

On 26 September 2013 the Tax Revision Bill was finalised. In addition to a number of domestic tax measures this bill included a proposal to reduce temporarily by 50% customs duties on imported machine...

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Intervention Details

Intervention Type

Import tariff

MAST Chapter

Tariff measures

Implementation date

26 Aug 2013

Revocation date

24 Feb 2014

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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