By  on March 2, 2017

PARIS – Irish tax-refund specialist Fintrax has formed a joint venture with South Korean firm Lotte Group’s Lotte Data Communications Corp. in a drive to boost tax-free shopping in South Korea.

The new company will jointly become shareholders in CubeRefund, an existing refund operator in South Korea, with the aim of becoming the market-leading VAT refund company there.

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