04 August 2016

Korea issues 2016 tax reform proposals including Country-by-Country reporting

Korea's Ministry of Strategy and Finance announced the 2016 tax reform proposals (the 2016 Proposal) on July 28. The 2016 Proposal aims to stimulate the domestic economy, achieve fair taxation, and rationalize the tax systems.

A Tax Alert prepared by EY's Global Tax Desk Network, and attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2016-1336

Document ID: 2016-1336