Partial amendment to RESTRICTION OF SPECIAL LOCAL TAXATION ACT

Under the current law acquisition tax and property tax can be reduced or exempted on real estate acq...

Under

,

the

,

current

,

law

,

acquisition

,

tax

,

and

,

property

,

tax

,

can

,

be

,

reduced

,

or

,

exempted

,

on

,

real

,

estate

,

acquired

,

by

,

start-up

,

small

,

and

,

medium-sized

,

enterprises

,

(SMEs)

,

and

,

venture-ministry

,

companies

,

As

,

result

,

local

,

tax

,

reduction

,

is

,

also

,

possible

,

for

,

small

,

businesses

,

and