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Stories that are tagged 'Korea, South'

US Progresses Trade Disputes With China

by Leroy Baker,, Washington

Friday, January 13, 2017

The US Department of Commerce has announced its final decision to impose anti-dumping margins and anti-subsidy countervailing duties on Chinese imports of biaxial integral geogrid products, used as a foundation in the construction of roads and railways. Read Full Story


Trilateral FTA Talks Held In Beijing

by Mary Swire,, Hong Kong

Wednesday, January 11, 2017

The 11th round of negotiations for a trilateral free trade agreement between China, Japan, and South Korea was held in Beijing on January 11. Read Full Story


South Korea Provides Tax Guide For Foreign Workers

by Mary Swire,, Hong Kong

Friday, January 6, 2017

The South Korean National Tax Service has issued its Easy Guide for Foreigners' Year-end Tax Settlement, to help foreign residents in the country to file a return and settle the taxes due on their 2016 income. Read Full Story


South Korea Plans Tax Changes To Boost Growth

by Mary Swire,, Hong Kong

Monday, January 2, 2017

Within its proposed policy framework for 2017, the South Korean Ministry of Strategy and Finance has announced various tax changes to counteract the continued economic uncertainties, including measures to create jobs and support new growth industries. Read Full Story


S Korea Introduces Tax Break For Diesel Cars

by Mary Swire,, Hong Kong

Friday, December 9, 2016

The South Korean Ministry of Strategy and Finance has issued details of a tax incentive to be given to those individuals replacing old cars that have diesel engines for new gasoline-driven vehicles. Read Full Story


South Korea's 2017 Budget To Hike Top PIT Rate

by Mary Swire,, Hong Kong

Monday, December 5, 2016

South Korea's Government and parliamentary lawmakers have agreed to introduce an increased top rate of individual income tax in the 2017 Budget, to part-fund a child care support program. Read Full Story


Child Exemptions Cause South Korean Tax Imbalance

by Mary Swire,, Hong Kong

Wednesday, November 30, 2016

A study in the journal of the Korea Academic Society of Taxation has noted that, although there are no additional taxes imposed on South Korean single individuals, they end up paying higher effective income tax rates than families with children. Read Full Story


Trump Confirms US Withdrawal From Trans Pacific Partnership

by Mike Godfrey,, Washington

Tuesday, November 22, 2016

President-elect Donald Trump has confirmed that, during his first day in office, he will withdraw the United States from the Trans-Pacific Partnership trade treaty. Read Full Story


South Korea Resists 50 Percent Income Tax Rate Call

by Mary Swire,, Hong Kong

Friday, November 18, 2016

The South Korean Government is resisting calls for an increase in the rate of individual income tax on high-income earners, noting that South Korea's rate is above the OECD average. Read Full Story


China Pushes Its Pan-Asian Trade Deals With TPP In Doubt

by Mary Swire,, Hong Kong

Monday, November 14, 2016

Given the increased probability that the Trans-Pacific Partnership will not be ratified by the United States, China is pushing its own longer term objective of a Free Trade Area of the Asia Pacific and the more-immediate Regional Comprehensive Economic Partnership. Read Full Story




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