Tax Policy Makes a U-Turn After Three years... 8 Trillion Won in Revenue Boost, Tax Increases for Future Investment Begin
Summary by Naver
1 Articles
1 Articles
The Lee Jae-myung administration is effectively raising taxes by 'restoring' the Yoon Seok-yeol administration's tax cuts in its first tax reform. Concerns are rising that corporate activity will be curtailed by the first tax increase in five years. With each change in government, 'normalization' is taking place, weakening the predictability of tax policy. The Lee Jae-myung administration is effectively raising taxes by 'restoring' the Yoon Seok…
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