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.
Choi told reporters authorities will seek to balance fairness and effectiveness as they prepare tax benefits for companies participating in the government's"Corporate Value-up Programme" first proposed in February and aimed at boosting the value of listed companies. The government will also release next month detailed measures to support the country's semiconductor industry and continue to make improvements of a recently announced support policy package aimed at supporting the global competitiveness of domestic companies, he said.