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South Korea to offer tax help, loans to firms hit by China's reprisals
Published Thu, Sep 28, 2017 · 09:50 PM
Seoul
SOUTH Korea said it will offer tax and loan concessions to companies whose businesses have suffered amid a dispute with China over Seoul's deployment of a powerful missile defence system.
The government plans to allow South Korean duty-free firms and retailers operating in China to defer all or part of their corporate income and value-added taxes for up to nine months, the finance ministry said on Thursday.
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