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Hyundai Corp to Receive Tax Refund

Wednesday, 21 Aug 2013 10:22pm EDT 

Hyundai Corp announced that it has received the final judgment from Supreme Court of Korea, according to which it will receive value-added tax and income tax refund. The date of refund was not decided yet. The related value-added tax and income tax of fiscal year 2010 was KRW 45,675,070,486 and KRW 5,813,523,560 respectively.