- South Korean National Assembly accepted Bill No. 2205529 for consideration
- Bill includes measure to exempt VAT on passenger transport services by premium express bus
- Bill would enter into force on date of promulgation
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.
Latest Posts in "South Korea"
- VAT Exemption Extended to Full Amount of Postpartum Helper Vouchers, Easing Household Burden
- South Korea Extends VAT Deduction for Tax-Exempt Agricultural Products to December 31, 2027
- South Korea Proposes Extending VAT Exemption on Farm Equipment to 2030
- NH Bank Launches Blockchain-Based VAT Refunds in South Korea Using Avalanche
- US President announces new trade and economic deal with China and commitments to Republic of Korea
