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For investors in enterprises in the Korean semiconductor industry and other national strategic industries, a new tax bill has been passed that (i) increases the base tax credits.

South koreaKyonggi doEllie jinDong kimKorean parliament national assemblyInternational tax practice of yulchonKyu dong kimInternational tax practiceSouth korean parliamentNational assemblySpecial taxationTax preferential control actScience actK chips actTax credits