like_count_tpl like_count_text_tpl
like_tooltip_tpl
comment_count_tpl comment_count_text_tpl
comment_tooltip_tpl
FX Daily Updates
South Korea to implement smaller fuel tax cuts from May
georgemiller
Publish Date: Tue, 22 Apr 2025, 00:31 AM
SEOUL, April 22 (Reuters) - South Korea will implement smaller tax cuts on oil products from May, the finance ministry said on Tuesday.
Tax breaks will be extended until the end of June, with the rate adjusted to 10% for gasoline, from the current 15%, and that for diesel and liquefied petroleum gas butane to 15% from 23%.
Sign up here.
https://www.reuters.com/business/energy/south-korea-implement-smaller-fuel-tax-cuts-may-2025-04-22/