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Global Trade Alert

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Republic of Korea: Addition of several national strategic and new growth technologies to benefit from tax credits

Description

On 22 March 2024, the South Korean Ministry of Strategy and Finance added several technologies to the list of new growth technologies which are subject to tax credits on investments in facilities and ...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Mar 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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