South Korea plans to offer bigger tax refunds to foreign tourists

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South Korea plans to offer bigger tax refunds to foreign tourists
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South Korea plans to offer bigger tax refunds to foreign tourists - Finance Minister

© Reuters. FILE PHOTO: South Korean Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho takes part in a panel on the third day of the annual meeting of the International Monetary Fund and the World Bank, following last month's deadly earthquake,

The government plans to raise the tax refund limit from next year by a"huge amount", Finance Minister Choo Kyung-ho said, adding that the exact figure would be determined after more discussion with related agencies.

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