South Korea Assembly Considers Bill on Temporary Zero-Rated VAT for Energy Products

The South Korean National Assembly April 11 accepted for consideration Bill No. 2121269, to apply a zero-rated VAT on residential and agricultural electricity, residential city gas, and residential district heating, through Dec. 31, 2024. [South Korea, National Assembly, 04/11/23]

Reference: View Legislative History of Bill No. 2121269. View Index.