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KOREAN GOVT TO MODIFY CAPITAL GAINS TAX REGULATIONS.

AsiaPulse News

| November 01, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Nov 1 Asia Pulse - Taiwan's Ministry of Finance and Economy said it would revise regulations to exempt owners of individual businesses from capital gains tax on the sale of the entities when they change their businesses into corporations, a ministry official said Thursday.

Under current law, owners, except for those in 13 selected business sectors, are required to pay capital gains ...

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Source: HighBeam Research, KOREAN GOVT TO MODIFY CAPITAL GAINS TAX REGULATIONS.

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