tax exemptions

Latest news and articles about tax exemptions from NEX English

Chinese Hainan Port Tax Exemptions Save $11.65 Billion

Chinese Hainan Free Trade Port policies, including tariff eliminations, have reportedly saved over <strong>$11.65 billion</strong> for market entities during the 14th Five-Year Plan. These measures aim to enhance trade and investment flows across borders.

South Korea injects $3.32 billion to protect its economy

South Korea announced an emergency bond buyback worth 5 trillion won ($3.32 billion) and expanded tax exemptions on fuel to shield its economy from the impacts of the U.S.-Israeli conflict over Iran.