Announcement
01 Jan 2019
The Republic of Korea updated their tax laws and removed certain tax incentives that affect FDI.
Source
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Number of interventions
2
1 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
01 Jan 2019
Revocation date:
No revocation date
Announced: 01 Jan 2019
Tax or social insurance relief
In force
On January 1st, 2019, the Republic of Korea revised their tax laws, which remove certain tax relief benefits for firms in the new growth sector. Prior to the implemented changes, firms in these indust...
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Implementation date
01 Jan 2019
Revocation date:
No revocation date
Announced: 01 Jan 2019
FDI: Financial incentive
In force
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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