Technology

Taiwanese lawmakers pass rules letting domestic chip companies convert 25% of their annual R&D expenses into tax credits; TSMC's stock rises 4%+ (Debby Wu/Bloomberg)


Debby Wu / Bloomberg:

Taiwanese lawmakers pass rules letting domestic chip companies convert 25% of their annual R&D expenses into tax credits; TSMC’s stock rises 4%+  —  Taiwanese lawmakers have passed new rules that let local chip firms turn 25% of their annual research and development expenses into tax credits …


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