South Korea Assembly Considers Bill to Partially Amend Special Tax Measures Act

The South Korean National Assembly Sept. 11 accepted for consideration Bill No. 2212902, to partially amend the Special Tax Measures Act. The bill includes a measure to increase to 20 years from 10 years, the carryforward period for the individual or corporate income tax investment credit for investments related to national strategic technologies. The law would enter into force Jan. 1, 2026. [South Korea, National Assembly, 09/11/25]

Reference:
View Text of Bill No. 2212902. View Legislative History of Bill No. 2212902. View Index.