No corporate tax shall be imposed on income accruing from any trust property of a public trust under the Public Trust Act among the income of a domestic corporation for each business year. <Amended on Mar. 18, 2014>[This Article Wholly Amended on Dec. 30, 2010]
Laws › Corporate Tax Act › Sub-Section 7 Tax Exemptions and Income Deductions
Corporate Tax Act — Article 51 (Non-taxable income)
법인세법 제51조
This English translation is based on the Korean text effective 2025-03-14. The Korean law has since been amended (current version effective 2026-07-01) — check the Korean original.
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