Fuel Tax
AI:n luoma kuva
Government to expand LPG butane tax cuts to 25 percent next month
Raportoinut AI AI:n luoma kuva
The South Korean government announced on Thursday it will expand tax cuts on liquefied petroleum gas butane products from 10 percent to 25 percent starting next month through June. The measure aims to mitigate the domestic impact of international price surges due to the Middle Eastern crisis. The Fair Trade Commission plans stronger penalties for repeated collusion cases.