Yulchon

With South Korea expected to take a more aggressive approach to auditing, tax partners from Yulchon analyse four transfer pricing-related rulings that provide guidance for multinationals

Kyu Dong Kim, Min Young Sung, Joon Yung Jo and Ellie Jin of Yulchon report that foreign companies receiving Korean-sourced income are now required to disclose information about their financials and investors to access treaty benefits.

Kyu Dong Kim, Yong Whan Choi, Min Young Sung and Ja-Young Lee of Yulchon consider the tax audit, appeal and planning opportunities concerning beneficial ownership involving South Korean inbound investments.