On 31 December 2018, South Korea reportedly published the laws for the implementation of the tax reform measure for 2019 in the Official Gazette. Changes include:
- The repeal of the foreign investment tax incentive providing tax exemptions for foreign-invested companies in new growth sector businesses, which was identified has harmful and resulted in South Korea's inclusion in the EU's list of non-cooperatives jurisdictions (subsequently removed);
- The permanent establishment (PE) rules are ex…