Korea, Japan Stand Out in OECD for Unequal R&D Tax Support and Lack of Refund System

SEOUL, Oct. 23 (Korea Bizwire) — South Korea remains one of only two major economies — alongside Japan — where large and small firms receive markedly different levels of tax incentives for research and development (R&D) and where unclaimed credits cannot be directly refunded, according to a new analysis by the Korea Chamber of Commerce and [...]