19 Aug 2015
South Korea to lure tourists with tax breaks on breast augmentation
SEOUL, BLOOMBERG, AUG 18, 2015 – South Korea is taking duty-free shopping to a whole new level, with plans to exclude face lifts, breast enlargements and liposuction from value-added tax for tourists.
Desperate to boost tourism after an outbreak of the Middle East respiratory syndrome (MERS) virus hurt the economy, the country will give tourists a 10 percent refund on cosmetic surgery for a year starting in April of next year.