17.02.2011 - South Korea to push tax exemption on Islamic bonds
From Bloomberg: South Korea will renew its push to allow tax exemptions on Islamic bonds issued by companies to help local borrowers tap growing Muslim wealth. The government’s “top priority” at a parliament session starting on Feb. 18 will be to pass a bill on Islamic bonds and another to impose a levy on banks’ foreign-currency debt, Park Cheol Kyu, deputy minister for planning & coordination at the finance ministry, said by telephone today from Gwacheon, south of Seoul..............................................Full Article: Source
Print