On December 31, 2022, the Korean Ministry of Economy and Finance（MOEF） revised the "Liquor Tax Law" to adjust the tax rates for imported and exported beer and liquor. 

The main contents include: (1) The government calculates the tax rate according to the determined calculation formula every year; (2) Before December 31, 2023, the tax rate for enterprises importing and exporting containers of 8 liters and above for direct sales is 80% of the prescribed tax rate. (3) Trade volume below 100 KRW is exempt from collection; (4) The revised content will be implemented from April 1, 2023.