Event Brief
Dec 16, 2025 at 3:07 AM ET
Cabinet approves bill to raise corporate tax by 1%
By The BriefBrief
The South Korean Cabinet approved a bill to increase corporate income tax by one percentage point.
WHO: South Korean Cabinet
WHAT: Approved a bill to raise corporate income tax
WHEN: Dec 15, 2025 at 7:00 PM ET
WHERE: Seoul, South Korea
WHY: To increase government revenue
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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