Comprehensive Guide to the 2025 Tax Reform: Impact on Individuals and Businesses As 2025 approaches, South Korea's tax reform has been announced, bringing significant changes. This reform aims to stimulate economic growth and enhance financial stability for individuals and businesses. In this article, we will analyze how the 2025 tax amendments will affect individuals and businesses and how to prepare for these changes in daily life. 1. Key Highlights of the 2025 Tax Reform The 2025 tax reform primarily focuses on personal tax benefits, corporate tax incentives, and capital market stimulation . The main changes are as follows: (1) Expanded Tax Benefits for Individuals The government is introducing additional tax benefits to encourage marriage, support childbirth, and reduce the financial burden of raising children. New Marriage Tax Credit A KRW 500,000 tax credit for newly married residents who register their marriage Intended to reduce the financial burden of marriage and encou...