Earlier this month, the Ministry of Finance (MOF) unveiled a long list of social security proposals towards the FY2025 budgeting,…
REGULATORY
Sales of Patented Drugs to Be Excluded from “Innovation Box” Tax Relief Scheme
The “innovation box” tax break program, which is expected to be embraced in the FY2024 taxation reform, will be applied to income associated with the transfer of intellectual property assets or licensing, but not to the sales of patented medicines,…
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