The proposed changes to the corporate tax rates are as follows:
| Tax Base (KRW million) | Tax rate (%) | ||
| FY* 2008 | FY* 2009 | FY* 2010 onwards | |
| up to 200 | 11 | 10 | |
| over 200 | 25 | 22 | 20 |
Orbitax2008 tax reform proposals – further details
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