South Korea Plans to Include the Blockchain Industry in its 2019 R&D Tax Relief
by
vadimkr
on 13/01/2019, 17:23:53 UTC
Come February 2019, the South Korean Government is planning to include the blockchain industry in its Research and Development (R&D) tax relief. The new tax reform will allocate 30 to 40% of R&D expenses as tax deductible for small businesses. While a total of 20 to 30% of R&D expenses would be allocated as tax deductible for large and medium businesses.