Korean Tax Newsletter (June, 2005)
Korean Tax Newsletter is a monthly publication of Deloitte HanaAnjin LLC.
The contents is as below, please see attached file.
Revisions to Tax Laws
- Proposed revisions to Tax Incentive Limitation Law
- Proposed revisions to Tax Treaties
Developments at Tax Authorities
- Establishment of Legal Consultation Team
- Charge in tax audit system
Recent Tax Rulings and Cases
- Penalty taxes on failure to collect statutory receipts
- Temporary investment tax credit for imported business asset
- Tax adjustment for retirement bonus