South Korea plans to reduce corporate taxes for companies improving shareholder returns as part of the "Corporate Value-up Program".

South Korea plans to ease tax burden for companies that improve shareholder returns, as part of efforts to boost the local stock market. Finance Minister Choi Sang-mok announced that the government will reduce corporate taxes for a portion of increased shareholder returns. This initiative is part of the "Corporate Value-up Program," which provides incentives and tax benefits for companies prioritizing shareholder returns.