Content

South Korea to provide bigger tax refunds, stated by Finance minister Choo Kyung-Ho, to boost consumer spending amid tourist inflows.

Poster Portrait Src
/assets/cms/2023-10/169.webp
Publisher
Y-Axis
Publisher Logo Src
https://www.y-axis.com/assets/cms/2022-12/logo.jpg
Thumbnail Image
/assets/cms/2023-10/169.webp
Webstory Card
Alt
South Korea offers bigger tax refunds to foreign tourists
Animation Duration
2
Animation Type
Scale-In
Description
'South Korea plans to offer bigger tax refunds to foreign tourists,' Finance Minister Choo Kyung-Ho
Horizontal Align
center
Src
/assets/cms/2023-10/169.webp
Text Colour
White
Vertical Align
flex-end
Image Duration
5
Type
Image
Alt
South Korea offers bigger tax refunds to foreign tourists
Animation Duration
2
Animation Type
Scale-In
Description
Finance Minister Choo Kyung-Ho stated that the government wants to increase the tax refunds by a huge amount.
Horizontal Align
center
Src
/assets/cms/2023-10/172.webp
Text Colour
White
Vertical Align
flex-end
Image Duration
5
Type
Image
Alt
South Korea offers bigger tax refunds to foreign tourists
Animation Duration
2
Animation Type
Scale-In
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).
Horizontal Align
center
Src
/assets/cms/2023-10/173.webp
Text Colour
White
Vertical Align
flex-end
Image Duration
5
Type
Image
Alt
South Korea offers bigger tax refunds to foreign tourists
Animation Duration
2
Animation Type
Scale-In
Description
The strategy is intended to help South Korea’s small companies in regard to an increase in foreign tourists.
Horizontal Align
center
Src
/assets/cms/2023-10/176.webp
Text Colour
White
Vertical Align
flex-end
Image Duration
5
Type
Image
Alt
South Korea offers bigger tax refunds to foreign tourists
Animation Duration
2
Animation Type
Scale-In
Description
Looking to visit South Korea? Get expert assistance from Y-Axis overseas consultant.
Horizontal Align
center
Src
/assets/cms/2023-10/177.webp
Text Colour
White
Vertical Align
flex-end
Image Duration
5
Type
Image
seoTitle
South Korea offers bigger tax refunds to foreign tourists
seoFocuskw
South Korea tax refunds
seoMetadesc
South Korea to provide bigger tax refunds, stated by Finance minister Choo Kyung-Ho, to boost consumer spending amid tourist inflows.
Canonicals
/south-korea-plans-to-offer-bigger-tax-refunds-to-foreign-tourists-finance-minister-choo-kyung-ho/