17 results found

The Implementation Act of the Arrangement between Korea and Taiwan for the Avoidance of Double Taxation and Prevention of Fiscal Evasion with Respect to Taxes on Income ...

On August 18, 2016, the government preliminarily announced its amendments to the Invention Promotion Act.

MOSF has submitted the draft tax law amendment to the National Assembly.

In Korea, news articles related to the grant or exercise of stock options by various companies are frequently observed.

In Korea, what taxation would be levied on foreign corporations that do not have a permanent establishment in Korea if they receive royalties from Korean domestic corporations in exchange for the transfer (or licensing) of patents and other intangible assets?

Tax laws including the Law for Coordination of International Tax Affairs, the Corporate Income Tax Law, the Individual Income Tax Law and the Special Tax Treatment Control Law have been amended in order to enforce BEPS related international taxation guidelines.

Korea Customs Service ("KCS") has been well recognised for its proactiveness, both internationally and domestically, especially when it comes to customs audits.

Korea recently published new regulations containing detailed implementation guidance in regard to Global Minimum Tax (OECD Pillar Two).

On July 22, 2020, the Ministry of Economy and Finance publicly released the 2020 draft Tax Revision Bill (the ‘Draft Bill').

D&A LLC, Korea's first law firm to publish specialized legislative journals, releases its Weekly Legislative Report covering proposed amendments to income tax and electric utility laws...

Korean companies that have expanded its business to India is now able to resolve the difficulties faced due to double taxation by the local tax authorities.

South Korea's new labour laws have been implemented to improve the quality of life for employees while increasing compliance challenges for employers.

The amendment will expand the scope of MAP applicants so that even non-residents or foreign companies not having a place of business in Korea can request a MAP.

The draft presidential decree regulations, released on January 23, 2024following 2023 Tax Law Amendment announced, has been revised, finalized and published by the Ministry of Economy ...

한국에 고정사업장(Permanent Estabilishment)이 없는 외국법인이 자신의 특허권 등 무형자산을 한국의 기업에 양도(또는 사용허락)하고 그 대가(사용료; royalty)를 받는 경우 Ȣ