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South Korean tax reform could lead to increase in visitors

South Korean tax reform could lead to increase in visitors
11 Apr 2014

The South Korean government has announced a tax reform in a bid to attract more tourists to this beautiful and historic country.

Indeed, it has been confirmed that the government will refund the country's ten per cent hotel tax to visitors, which could lead to a spike in tourist numbers.

The incentive is set to remain in place for the next 12 months and will apply to any international visitor who stays in a hotel room for more than two nights but fewer than 50.

It has been confirmed, too, that the refund will apply to tax on a room rate that includes breakfast; however, it will not cover tax on other hotel charges.

To receive the money back, tourists must fill out a Hotel Tax Refund Form, which is available from their hotel or, alternatively, from a designated duty-free zone in South Korea.

It is hoped that the move will lead to an increase in overseas travellers.ADNFCR-408-ID-801712124-ADNFCR

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