Korea government mulls reducing tax benefits
Hyun Oh-seok
Seoul - Yonhap
South Korea's finance ministry is reviewing cutting tax exemptions and other tax benefits allowed to companies and individuals to make up for an expected large tax shortfall this year and meet an increase in welfare spending, government officials said Sunday.
The ministry last year had announced a tax code revision in which it said it would not raise tax rates but drew criticism by increasing the tax burden on millions of people by reducing benefits and exemptions starting this year.
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Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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