More tax exemptions set for R&D spending

Published: 2009-07-30 06:59:00

Updated: 2009-07-30 06:59:00

Korea seeks to expand tax exemptions for corporate investment in research and development (R&D) as part of efforts to stimulate state-run and private companies’ R&D spending in the era of free trade agreements (FTAs).

The Ministry of Knowledge Economy said on July 8 it would inject 155 billion...

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