- South Korean National Assembly accepted Bill No. 2210051 for consideration
- Bill aims to amend the Special Tax Measures Act
- Includes VAT exemption for medicines for rare and incurable diseases
- Law to take effect three months after 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.
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