End VAT Refund for Foreign Cosmetic Surgery Patients to Ensure Fair Tax Policy

• The government and local authorities are investing significant funds to attract foreign patients.
• The VAT refund policy for foreign cosmetic surgery patients is set to expire at the end of the year.
• The policy has been extended multiple times since its initial expiration date in 2017.
• The Nara Salim Research Institute argues against further extensions of the VAT refund policy.
• The institute highlights the imbalance in medical resources due to the focus on cosmetic procedures.
• 68 percent of foreign patients are for cosmetic purposes, leading to a concentration in dermatology and plastic surgery.
• The institute suggests shifting the responsibility of attracting foreign patients to private medical institutions.
• The policy is seen as prioritizing commercial interests over healthcare universality.
• The institute emphasizes that the policy’s original purpose has been fulfilled and should not be extended.

Source: khanews.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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