INTIEAKorea · Tax incentive programPolicyIn force

Tax incentive program

In September 2008, the National Tax Service of Korea announced that various types of businesses would be kept off the list of tax audit targets, including those involved in alternative energy development. The 2,503 businesses confirmed as operating in the field of alternative…

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Country / jurisdiction: Korea · Year: 2011 · Status: In force · Level: National · Type: Voluntary

In September 2008, the National Tax Service of Korea announced that various types of businesses would be kept off the list of tax audit targets, including those involved in alternative energy development. The 2,503 businesses confirmed as operating in the field of alternative energy technology, including solar cells, biomass and nuclear power generation, are among the first companies exempted from tax audits for three years from the first profitable year.

Official source: http://www.nts.go.kr/eng/

Source

https://www.iea.org/policies/4724

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