Korea’s implementation of the OECD s global minimum corporate tax initiative, the first of its kind in the world, has become an additional financial burden on companies that have invested in the U.S. and Southeast Asia when seeking tax benefits, according to industry officials, Wednesday.
A practical buyers' guide to tax on acquisitions in South Korea, covering the tax treatment of different types of acquisition, domicile issues and transaction taxes, among other things.
South Korea recently announced that crypto token airdrops are subject to up to a 50% gift tax under existing laws, but what is the likelihood this rule can be applied to digital holdings?