[On-Site Perspective] Is Domestic Sales Required for Domestic Production Tax Credit Conditions?

조선일보

Lean Right

Factuality

Ownership

A "Domestic Production Tax Credit," dubbed the "Korean version of the Inflation Reduction Act (IRA)," is scheduled to be newly established. The government included this in the 2026 tax reform plan announced last August. At the time, it was assessed that the fiscal authorities had made a bold decision. This is because, until now, there have been no significant tax benefits for companies building factories or installing equipment, aside from the i…