On 31 July 2025, the Ministry of Economy & Finance (MOEF) released the draft 2025 Tax Law Amendments, which will be sent to the National Assembly for approval. Key items of interest to multinational enterprises include:
- Corporate income-tax brackets restored to 10% to 25% (currently 9% to 24%), reversing the 2023 cuts and returning to 2022 levels;
- Securities-transaction tax restored to 0.20% (including surtax) on KOSPI/KOSDAQ trades, matching the 2023 rate;
- AI (generative, agent, advance…