National Assembly nods a bill to extend tax benefits for drug R&D outlays

Published: 2007-01-08 06:59:00
Updated: 2007-01-08 06:59:00
The National Assembly passed a bill to extend a sunset period of drug R&D expenditures related to a special tax law for three years, providing the domestic pharmaceutical industry with tax benefits of 283.4 billion won.

The provisions involving a three-year extension of tax exemption include (...

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