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The finalized Korean tax reform bill was approved at the Cabinet Meeting on August 27, 2026.
In comparison to the Korean tax reform proposals for 2027 initially announced by the Ministry of Economy and Finance (MOEF), there are significant modifications that are worth noting, as outlined below.
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Comparison of the statutory “Reduced Working Hours For Childcare Program” and the newly introduced voluntary “10 a.m. Start Work Program”, including eligibility and available government subsidies
Effective January 1, 2026, the government introduced a new subsidy ......
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