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Global Trade Alert

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Republic of Korea: Revised tax law abolishes tax incentives related to FDI

Description

On January 1st, 2019, the Republic of Korea amended their tax laws, some of which directly affect foreign direct investment. One meaningful change is the complete removal of certain tax incentives re...

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Intervention Details

Intervention Type

FDI: Financial incentive

MAST Chapter

FDI measures

Implementation date

01 Jan 2019

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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