Income Tax Act

The late Samsung Chairman Lee Kun-hee’s lavish art collection is driving South Korea’s art circle to pressure lawmakers to amend the cou...

Samsung Electronics Co. is seeking tax breaks of $805.5 million from the US state of Texas in return for a new $17 billion chip plant, which the Sou...

The National Pension Service has divided up its global public market division into Global Equity and Global Fixed Income divisions as part of a plan...

The Samsung Group heirs, including Samsung Electronics Co.'s de facto leader Jay Y. Lee, may be looking at a record-high $9.9 billion inheritance ...

Imported car sales in South Korea are on track to post a record high this year, benefiting from consumption tax cuts aimed at stimulating personal s...

South Korea should raise its tax on diesel to match the price of gasoline and phase out internal combustion engine cars by 2035 to tackle air pollutio...

South Korea’s Construction Workers Mutual Aid Association is chasing government-sponsored infrastructure and public private partnership (PPP) pr...

The three children and the wife of Samsung Group Chairman Lee Kun-hee, who died on Oct. 25 at the age of 78, is expected to face inheritance taxes of ...

Korea Post’s insurance arm is planning to select two asset management companies for around 100 billion won ($87.4 million) in US fixed-income in...

The National Pension Service eked out a 0.5% return on financial investments in the first half of this year, supported by solid gains from fixed-incom...

South Korea's Public Officials Benefit Association (POBA) plans to allocate a combined $350 million to two global fixed-income investment companies, i...

Europe’s residential property market will likely continue to fare better than fixed-income assets on the prospect of interest rates remaining lo...

The National Pension Service (NPS) reported a preliminary 11% return on investments in 2019, its best annual result in a decade, supported by double-d...

The National Pension Service (NPS) will more than double the proportion of overseas fixed-income investment to around 10% by the end of 2024 by when g...

National Pension Service’s (NPS) investment strategy head Soo-Cheol Lee has assumed the role of acting chief investment officer of the $561 billion pe...

National Pension Service’s acting chief investment officer In-Sik Cho tendered a resignation on July 4, according to an NPS source, which may leave fo...

The National Pension Service (NPS) has begun running an emergency inspection system for its investment management department with the appointment of...

- On June 1, 2016, Korea Post’s insurance asset management bureau posts a request for proposal to invest in dollar-denominated sovereign bonds of emer...

- Proposal submission due by June 7, 2016; final selection set for July 2016 - To pick 2 firms for publicly-offered funds with minimum $300 mln AUM...