Cabinet approves tax cut on entertainment expenses

Published: 2009-02-03 06:58:00
Updated: 2009-02-03 06:58:00
The Lee Myung-bak administration approved during a Cabinet meeting on January 29 a measure to expand the scope of entertainment expenses.

Under the plan, enterprises will benefit from tax cut on wedding or funeral expenses corresponding to 200,000 won this year.

In addition to the tax cut, ...

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