Korea’s Ministry of Finance and Economy (MOFE) and the Commerce Ministry (MOCIE) are stepping up their war of words over the need to raise oil import taxes as oil prices continue to surge to record levels on the world markets. According to the Korea Times, temporary tax cuts were implemented in April this year…
SOUTH KOREA: Ministries clash over higher taxes on oil imports
Posted on October 25, 2004 by EnergyAsia