<Royal Decree No.702, exemption of Corporate Income Tax>
Royal decree No.702 provides companies an additional 25% deduction for costs incurred by companies for certified biodegradable plastic products from 1 January 2019 to 31 December 2021 in order to promote a reduction of non-biodegradable plastic waste. 
(For procedures and conditions, please also see Notification Director General No.388)


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