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South Korea to provide bigger tax refunds, stated by Finance minister Choo Kyung-Ho, to boost consumer spending amid tourist inflows.
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Y-Axis
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South Korea offers bigger tax refunds to foreign tourists
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'South Korea plans to offer bigger tax refunds to foreign tourists,' Finance Minister Choo Kyung-Ho
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South Korea offers bigger tax refunds to foreign tourists
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Finance Minister Choo Kyung-Ho stated that the government wants to increase the tax refunds by a huge amount.
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South Korea offers bigger tax refunds to foreign tourists
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/news/south-korea-plan-to-offer-bigger-tax-refunds-to-foreign-tourists-finance-minister-choo-kyung-ho/
Description
Currently, tax refunds are available up to a total of 2.5 million won and a maximum local purchase amount of 500,000 won (US$370).
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South Korea offers bigger tax refunds to foreign tourists
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The strategy is intended to help South Korea’s small companies in regard to an increase in foreign tourists.
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South Korea offers bigger tax refunds to foreign tourists
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Desc CTA Link
/contactus/
Description
Looking to visit South Korea? Get expert assistance from Y-Axis overseas consultant.
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South Korea offers bigger tax refunds to foreign tourists
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South Korea tax refunds
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/south-korea-plans-to-offer-bigger-tax-refunds-to-foreign-tourists-finance-minister-choo-kyung-ho/