South Korea plans to detail tax incentives, chip industry support

By Reuters

May 29, 2024 12:18 am

SEOUL ― South Korea's finance minister said authorities would put forward detailed tax incentives under corporate reforms aimed at boosting the value of listed companies after seeking more feedback from market participants in coming months.

Minister Choi Sang-mok also pledged in a media pool report released on Tuesday that the government would continue efforts to support the country's crucial chip industry.

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