News and developments
Recent Decision by the Tax Tribunal Regarding Application of the Flat Tax Rate to Foreign Employees
Lee & Ko recently obtained a favorable decision from the Tax Tribunal regarding a foreign employee who: (1) worked in Korea for a period of time which ended prior to January 1, 2014; and then (2) returned to Korea and started working in Korea again after January 1, 2014.
- Facts
- Relevant Tax Law
- NTS’ Challenge and Tax Assessment
- Lee & Ko’s Arguments
- Decision of the Tax Tribunal
- Observation