Korean cinemagoers to face new ticket tax in July

By 2007-01-03T12:32:00

Korean theaters willface a 3% tax levied on tickets starting July 1. The funds from the tax will beused to finance half of the Ministry of Culture and Tourism's '$4.3m-size' FilmIndustry Mid-to-long-term Development Plan, announced in October. South Korea's National Assembly passed the Bill forthe Partial Amendment for the Promotion ...

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