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Health ministry moves to cut income taxes for pharmacy

Published: 2006-09-04 06:56:00
Updated: 2006-09-04 06:56:00
The government will seek to revise laws this fall in order to cut income taxes for pharmacies, according to the Ministry of Health and Welfare (MOHW).

The move came when the Korea Pharmaceutical Association (KPA) claimed that the combined amount of around 96 billion won has been refunded to 108 pharmacies in 2004 as even profit-less drugs has been levied

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