SMEs succession support, extension of special tax cut for SME income

“Proposed Bill: Special Act on Support for Corporate Succession to Strengthen Business Continuity Proposed by Rep. Lee Chul-gyu (People Power Party) Proposed Bill: Partial Amendment to the Act on Restriction on Special Cases Concerning Taxation Proposed by Rep. Lee Hai-min (Rebuilding Korea Party) Pending Bill: Partial Amendment to the Commercial Act Proposed by Rep. Kim Tae-nyeon (Democratic Party of Korea) Promulgated Bill: Enforcement Decree of the Customs Act Competent Authority: Ministry of

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