On 1 January 2013, the Korean National Assembly passed, and the government promulgated, amendments to tax laws proposed in the Tax Revision Bill on 10 August 2012, amending some of the initially proposed changes and passing additional legislation which was not part of the original package while excluding others. The amendments to the tax laws are followed by amendments to the corresponding Presidential Decrees in February 2013. The major amendments, which take effect from 1 January 2013 unless s…
OrbitaxTax Revision Bill enacted
