Hundreds of South Korean firms, including tech giant Samsung Electronics, are set to be hit by the newly implemented 15 percent global minimum tax rate. Under the new corporate tax rule that came into effect Monday, multinational enterprises with a consolidated revenue of over 750 million euros ($827 million) are subject to an effective tax rate of 15 percent on their profits in every jurisdiction where they operate..
ANN/KOREAN HERALD – Hundreds of South Korean firms, including tech giant Samsung Electronics, are set to be hit by the newly implemented 15 per cent global minimum tax rate. Under the new corporate tax rule that came into effect on Monday, multinational enterprises with a consolidated revenue of over EUR750 million (USD827 million) are subject […]
South Korea asked the European Union on Wednesday to recognise the country's own carbon credit certification system regarding the EU's new carbon border tax mechanism in an effort to prevent unnecessary burdens on companies, Seoul's Finance .
S.Korea Seeks Adjustment To EU's Carbon Tax Rules To Ease Corporate Burdens ibcworldnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibcworldnews.com Daily Mail and Mail on Sunday newspapers.
China’s moves to place restrictions on two fields one on exports of urea for fertilizer and the other on the use of Apple’s iPhone for government workers have sent a chill down the spine of South Korean policymakers and businesspeople. Both regulations have not affected Korean exporters and consumers yet, but given the past case in which China caught the country off guard with its curb on urea solut.