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Republic of Korea: Government provides tax incentive to commercial landlords with tenants running SMEs as a result of COVID-19

Description

On January 1st, 2020, the Republic of Korea announced a tax concession entitled the Good Landlord Tax Credit ("착한 임대인 세액공제" in Korean) to commercial landlords with tenants running small and medium bus...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Mar 2020

Revocation date

16 Mar 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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