- The South Korean National Assembly accepted Bill No. 2209223 for consideration on March 21 The bill proposes partial amendments to the Special Tax Measures Act It includes measures to apply zero-rate VAT on agricultural equipment The law is set to take effect on January 1, 2026
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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