Will scrapping 3 percent tax on movie tickets invigorate local cinema?
Following the government’s decision to scrap its 3 percent charge on movie tickets starting next year, concerns have been raised about whether such a discount would actually lead to more people going to the cinema. According to the Ministry of Culture, Sports and Tourism, about 420 to 450 won ($0.30) will be reduced from movie tickets priced at around 15,000 won, in an effort to “lessen the burden on people who visit movie theaters.” The ministry plans to push for such detail
March 28, 2024