SEOUL, Sept 1 (Reuters) - South Korea's finance ministry agreed on Wednesday to a ruling party proposal to scrap special excise taxes on all but eight items and to seek parliamentary approval for the measure soon, the Uri Party said. A party statement said projection or plasma display panel televisions, air conditioners and 21 other items would no longer be subject to the tax, which was designed to discourage consumption of luxury goods and some entertainment services. The eight items ...
Premium Content (PAID Subscription Required)
"S.Korea to lift special excise tax on most items" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.