18 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 ...

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

For investors in enterprises in the Korean semiconductor industry and other national strategic industries, a new tax bill has been passed that (i) increases the base tax credits received by these enterprises...

As cross-border licensing and settlement agreements become increasingly common and tax authorities intensify scrutiny of license fees, royalty payments, and other similar consideration (Royalties), understanding how Royalty payments are sourced for tax purposes is critical.

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?

In May 2016, a Korean taxpayer won its victory over the Korean tax authority when the Seoul High Court overruled the tax authority's assessment against the taxpayer...

The Ministry of Strategy and Finance finalized scope of Combined Report of International Transactions and confirmed taxpayers subject to the CRIT requirement through its official announcement...

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

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

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

On February 4, 2016, the National Assembly of the Republic of Korea passed the "Special Act on Revitalizing Companies," which is commonly referred to as the "One-Shot Act"...

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.

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 ...

Im Rahmen von Mitarbeitereinsätzen ist die Payrollabteilung ebenfalls immer involviert. Für die Payrollabteilung führt dies zu einer Reihe von Herausforderungen...

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