The South Korean National Assembly April 23 accepted for consideration Bill No. 2210051, to partially amend the Special Tax Measures Act. The bill includes a measure to comprehensively exempt from VAT medicines for patients with rare and incurable diseases. The law would enter into force three months after the date of promulgation. [South Korea, National Assembly, 04/23/25]
Reference:
View Bill No. 2210051. View Legislative History of Bill No. 2210051. View Index.
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