[2025-12-19]Tax Benefits Expanded for Childbirth and Childcare Costs
Starting next year, the non-taxable limit for childbirth and childcare expenses will be expanded to 200,000 KRW per child per month.
The government will also include extracurricular education costs for children under 9 years old in tax deductions and regulate e-cigarettes as tobacco products.
Additional reforms include higher corporate tax rates, increased support for social enterprises, and separate taxation on dividend income.