posted over 1 year ago With blockchain aiming to becoming a technologically advanced country, adopting technologies such as South Korea , it comes as little surprise that the country's government is aiming to implement tax perks for those who show innovation and interest in this area. Tax rates are to be reduced for companies dealing with a range of 11 "new-growth technologies" in 157 areas, grouped into a category called nascent technologies. The government aims to clarify the specifics of the tax perks on the Q1 2019 , and wants to have the system implemented by the Q1 2019 .
With blockchain aiming to becoming a technologically advanced country, adopting technologies such as South Korea , it comes as little surprise that the country's government is aiming to implement tax perks for those who show innovation and interest in this area. Tax rates are to be reduced for companies dealing with a range of 11 "new-growth technologies" in 157 areas, grouped into a category called nascent technologies. The government aims to clarify the specifics of the tax perks on the Q1 2019 , and wants to have the system implemented by the Q1 2019 .