Recent court cases and tax rulings
- Tax invoice for a leasing company
- Zero rate VAT for provision of know-how to foreign clients
- VAT on a partial business transfer
- Clarification on payments made to retired employees by companies
- that do not have internal policies on severance pay.
Key tax issues concerning the adoption of IFRS
1. Main tax issues on IFRS adoption
The differences between IFRS and the tax laws in relation to employment salaries.
Proposal for the Tax Law Amendments
2. Revised tax law
(1) Revision in the enforcement decree of the corporate tax law (February 18, 2010)
(2) Revision of the enforcement decree of the Framework Act on National Taxes (February 18, 2010 )