Global Trade Alert
Global Trade Alert

Republic of Korea: Increase in tax credit for investments in semiconductor, new growth, and national strategic technologies

Announcement

21 Mar 2025

In March 2025, the South Korean government adopted a revision of the Restriction of Special Taxation Act, increasing tax credits for investments into semiconductor technologies, national strategic technologies, and new growth technologies. 

Source

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Number of interventions

4

4 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Mar 2025

Revocation date:

No revocation date

Updated: 21 Mar 2025
Tax or social insurance relief In force

On 21 March 2025, the South Korean government adopted a revision of the Restriction of Special Taxation Act. Among others, the amendment increases the deduction rate for the "increase in investment...

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Updated: 21 Mar 2025
Tax or social insurance relief In force

On 21 March 2025, the South Korean government adopted a revision of the Restriction of Special Taxation Act. Among others, the amendment increases the deduction rate for the "increase in investment...

Sign in to see more
Updated: 21 Mar 2025
Tax or social insurance relief In force

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 semicond...

Sign in to see more
Updated: 21 Mar 2025
Tax or social insurance relief In force

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 semicond...

Sign in to see more

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