Overview
Key Servicesshow
Our Tax Litigation Practice has secured excellent results in many administrative, criminal and constitutional tax cases as our experts in various specialty areas work together to proactively manage litigation proceedings by introducing creative and strategically effective arguments. Our Practice often addresses issues of first impression in the Korean courts.
Key Experienceshow
- Successfully appealed national and local tax assessments on a spin-off transaction (KRW 458.9 billion).
- Successfully appealed a tax levied on assets of a life insurance company (KRW 314.4 billion).
- Won a case on beneficial ownership of interest and dividends of Overseas Investment Vehicle (public funds) under the Korea – Luxembourg tax treaty (over KRW 200 billion).
- Won a case on beneficial ownership of dividends under the Korea – UK tax treaty (KRW 63.4 billion).
- Won a case on beneficial ownership of royalties under the Korea – Hungary tax treaty (KRW 2.4 billion).
- Successfully appealed the denial of subordinated interest deduction in private investment transaction (KRW 18.2 billion).
- Successfully appealed a tax levied based on the Restriction of Special Taxation Act (KRW 97 billion).
- Successfully appealed a tax levied related to assessment and recognition date of profit and loss from unlisted stocks (KRW 92.1 billion).
- Successfully appealed the authorities’ denial of deduction of loss arising from the inflow and outflow of assets (KRW 74.9 billion).
- Successfully appealed the registration tax levied on foreign private equity funds (KRW 25.3 billion).
- Obtained a favorable ruling for deduction of allowance for bad debts after a merger (KRW 411.9 billion).
- Obtained a favorable ruling regarding withholding capital gain tax levied on the stocks of a foreign corporation (KRW 61.3 billion).
- Obtained a favorable ruling related to value of the interest rate of Asset-Backed Securities (KRW 24.3 billion).
- Successfully appealed a tax levied on support provided to affiliated companies (KRW 17.3 billion).
Related Expertise
Professionals
Key Contacts
Insights
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Newsletters
Tax Tribunal Rules That Whether a Distribution Fee Constitutes a Royalty for Use of Copyright Under a Tax Treaty Should Be Determined in Accordance With Copyright Act of Korea
2024.07.19 -
Recognitions
Named “South Korea Firm of the Year” – Benchmark Litigation Asia-Pacific Awards 2024
2024.05.21 -
Recognitions
“Tier 1” in All Ten Practice Areas – Benchmark Litigation Asia-Pacific 2024
2024.05.08 -
Newsletters
Supreme Court Sets Forth Specific Standards to Determine Presence of Economic Rationality with Respect to Payment of Trademark Royalties for Purposes of Application of Domestic Transfer Pricing Rules (Decision 2021Du30679, June 1, 2023)
2024.01.09 -
Recognitions
“Tier 1” in All Ten Practice Areas – Benchmark Litigation Asia-Pacific 2023
2023.05.09 -
Recognitions
Tier 1 in All Ten Practice Areas – Benchmark Litigation Asia-Pacific 2022
2022.05.06