South Korean Government to offer up to 25% tax discount for semiconductor investment

Createdd 2023-01-04 Hit 639

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South Korean Deputy Prime Minister for Economy announced a new government tax incentive scheme to revitalize the semiconductor industry. On top of 1% corporate tax discount applicable to businesses, the government will offer up to 25% tax discount for investment in strategically important industries, including semiconductor manufacturing. Click the news below for more information:

 

https://newsis.com/view/?id=NISX20230103_0002146234&cID=10401&pID=10400