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Gov t to seize, sell cryptocurrencies held by tax dodgers
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
Korea seeks 20% digital tax to minimize burden on Samsung, SK hynix
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
Gov t positioned to manage fiscal soundness: finance minister
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
Posted : 2021-04-08 16:41
Updated : 2021-04-08 19:47
Finance Minister Hong Nam-ki speaks during a ministerial meeting to monitor the local real estate market, at the Government Complex in Seoul, Thursday. Courtesy of Ministry of Economy and Finance
By Lee Min-hyung
Finance Minister Hong Nam-ki reiterated his strong willingness to minimize post-by-election instability in the local real estate market amid signs of a bubble in some speculation-prone areas. A satisfactory housing supply can never be achieved independently by the central or regional governments, Hong said during a ministerial meeting. I hope the central government and local ones enhance cooperation in achieving this.
Posted : 2021-04-06 10:44
Updated : 2021-04-06 16:49
Ministry of Economy and Finance s fiscal management official Kang Seung-joon speaks during a briefing on Korea s financial status in 2020 at Government Complex Sejong, April 5. Courtesy of Ministry of Economy and Finance
South Korea s national debt grew by the largest-ever amount last year as the country implemented expansionary fiscal spending to tackle the fallout of the pandemic, the finance ministry said Tuesday.
The national debt, which covers bond sales and financial borrowing by central and provincial governments, reached a record 846.9 trillion won (US$750.5 billion) as of end-December, up 123.7 trillion won from the previous year, according to a report on the 2020 national settlement.