South Korea Gazettes Presidential Decree Extending Reduced Individual Consumption Tax on Automobiles

The South Korean Official Gazette June 28 published Presidential Decree No. 32719, the Partial Amendment to the Enforcement Decree of the Individual Consumption Tax, extending the reduced 3.5 percent individual consumption tax rate on automobiles to Dec. 31, from June 30. [South Korea, Official Gazette, 06/28/22]

Reference:
View Official Gazette No. 20279. View Presidential Decree No. 32719, Official Gazette No.20279. View Index.