| From Koreaherald.co.kr: The government said yesterday it will give tax benefits to local companies who earn profits from investments in Islamic bonds, a move designed to facilitate attraction of oil money from the Middle East.
The Ministry of Strategy and Finance said the government will draft a revision bill of relevant laws to exempt corporate tax on incomes earned from investments in Ijara sukuk and Murabaha sukuk, which is the same tax exemption rule on profits from other traditional bonds....................Full Article: Source
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