Partial amendment to VALUE-ADDED TAX ACT

The current law lists the types of goods or services that are not subject to value-added tax with re...

The

,

current

,

law

,

lists

,

the

,

types

,

of

,

goods

,

or

,

services

,

that

,

are

,

not

,

subject

,

to

,

value-added

,

tax

,

with

,

regulations

,

on

,

VAT

,

exemption

,

but

,

childcare-related

,

goods

,

do

,

notHowever

,

in

,

Korea

,

as

,

the

,

country

,

with

,

the

,

lowest

,

total

,

fertility

,

rate

,

among

,

OECD

,

countries

,

it

,

is

,

nec