Global Trade Alert
Global Trade Alert

Republic of Korea: Reduced Witholding Allowances for Foreign Workers

Announcement

31 Dec 2009

In December 2009, the government of Republic of Korea announced a change to the rules for resident foreign nationals.

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

01 Jan 2010

Revocation date:

No revocation date

Post-migration treatment In force

Korea's National Assembly passed on 31 December 2009 the tax laws applicable for 2010. From 1 January 2010, the 30% Overseas Assignment Allowance Exclusion was no longer available. Moreover, those alr...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.