OrbitaxKorea Publishes Overview of 2015 Tax Revision Bill
|Proposed Changes|Korea, Rep of
On 6 August 2015, the Korean Ministry of Strategy and Finance published an overview of the measures included in the 2015 Tax Revision Bill. The Bill contains a number of measures aimed at stimulating the economy, supporting the working class and fairer taxation. In regard to business, the measures focus mainly on:
- Promoting private consumption;
- Boosting exports and investment;
- Supporting corporate restructuring;
- Increasing fairness;
- Reforming tax support;
- Increasing transparency; and
- Regulat…