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Description
On 21 March 2025, the South Korean government adopted a revision of the Restriction of Special Taxation Act. Among others, the amendment increases the tax deduction rate for investments in semiconduct...
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Intervention Details
Intervention Type
Tax or social insurance relief
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
21 Mar 2025
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
SMEs
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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