US firm's know-how payments may be taxable in Korea
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Source: The Korea Herald
Published: 2026-05-18 15:48 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Crime & Justice, Culture & Entertainment, Asia, Justice, South Korea, Law & Courts, Tax & Budget, World News, Business & Economy, Crime & Justice, Asia Pacific
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Snippet:
The Supreme Court recently ruled that payments received by a US firm from a South Korean company in exchange for technical know-how could be subject to corporate tax in Korea, sending the case back to a lower court for further review.
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