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Korea Pharmaceutical Manufacturers Association opposed to charge value-added tax on clinical trial conducted in hospital

Published: 2014-04-24 10:36:59
Updated: 2014-04-24 10:36:59

National Tax Service and Ministry of Strategy and Finance decided to charge value-added tax on clinical trial conducted in hospital which is designated as clinical trial testing laboratory, and retroactively apply the law. Rejection is spreading in medical health society.

Because charging value-added tax on clinical trial would lead to hinder good drug development for the life and health of na...

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