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Korea, North News - Business, Taxation & Offshore


South Korea Offers Tax Breaks To Firms Hit By Chinese Sanctions

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, October 3, 2017

South Korea's Government plans to permit businesses in sectors affected by sanctions imposed by China to defer corporate tax and VAT payments, it was announced on September 28.Read Full Story


Help Improve Fragile Tax Systems, OECD Tells Donors

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, February 12, 2014

The Organization for Economic Cooperation and Development has accused international donors of failing to do enough to help "fragile" states increase their domestic revenue. Read Full Story


China, North Korea Sign Agreements On Economic Zones

by Mary Swire, Tax-News.com, Hong Kong

Thursday, August 16, 2012

The third meeting in Beijing between China and North Korea for the joint management and development of two economic zones in North Korea has led to expectations that cooperation between the two countries, particularly Chinese investment in North Korea, will increase substantially in the future.Read Full Story


Lee Talks Of Korean Unification Tax

by Mary Swire, Tax-News.com, Hong Kong

Monday, August 16, 2010

While relations with North Korea are still very difficult, South Korea’s President Lee Myung-bak, in his Liberation Day speech, has suggested that preparations should be made for the reunification of the two countries, including the introduction of a unification tax.Read Full Story




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