Tax: local firms

Shin & Kim

Client Satisfaction

Shin & Kim’s tax practice offers a comprehensive range of services, including tax controversy, consulting, and international tax advisory. Key areas of focus include gift and inheritance tax, local tax issues, and inbound/outbound investment structuring. The gift and inheritance tax team specialises in cross-border issues involving foreign clients and properties, while the international tax group includes a transfer pricing team. The practice is led by Je Heum Baik, who brings extensive experience in tax litigation, advisory, and investigations for financial institutions and multinational firms. Hyeon-Jin Kim leads the tax advisory and investigation team, while Jinkyu Yoon handles tax law, customs, and international tax matters. Senior CPA Young-Min Chung focuses on tax audit and litigation defence, with Jung Yeol Lee who joined from Yoon & Yang LLC in May 2024, excelling in customs appeals and consulting for major clients.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘The team understand the character of our business sector, and this is very helpful in solving tax problems.’
‘Shin & Kim is a team that has the ability to accurately understand the needs of customers through pre-meetings on the parts requested by our company and to quickly and easily find the members, professional knowledge and solutions for the issues. It is a good thing to offer the service within the requested schedule.’
‘The company to which I belong has many legal issues which arise while managing M&A and domestic and foreign affiliates. In particular, government agencies, including the National Tax Service of Korea, are very aggressive, so we are concerned about whether we can minimise legal risks in advance while making transactions and need legal advice in the process. There are several big law firms in Korea, but I think Shin & Kim provides the most efficient and effective comprehensive legal services.'
‘Young Min Chung is a CPA. Although the speciality of Young Min Chung is tax law, he has an excellent ability to understand the legal issues that may be problematic in transactions and presents opinions by combining them with the help of other experts.'
‘Shin & Kim's tax team is distinguished by its exceptional ability to navigate the intricate landscape of tax law with precision and insight. The team excels in combining technical expertise with a deep understanding of our industries, enabling the delivery of tailored tax solutions that align with specific business objectives. This unique approach ensures that we receive not only compliance support but also strategic guidance that maximizes tax efficiency and drives business growth.’
‘Hyeon-Jin Kim is renowned for his meticulous attention to detail and his ability to navigate complex legal issues with precision and insight. His deep understanding of tax law and its application across various industries enables him to provide us with tailored, strategic solutions that align with our business objectives.’
‘Shin & Kim has experienced professionals in various fields who collaborate to provide the company with insights from diverse perspectives.’

Key clients

Oracle Korea
GE Capital
IGIS Asset Management
LaSalle Investment Management
Kendall Square Asset Management
Subway International B.V.
AIG
Samsung Biologics
Samsung Card
Samsung Heavy Industry
SK E&S
Hanwha Solution
Woori Bank
HD Hyundai Oilbank
HD Korea Shipbuilding & Offshore Engineering
SD Biosensor
KCC Corporation
Kangwon Land
KT&G Corporation

Work highlights

Representing Oracle on a major tax litigation in the IT industry which will impact and potentially trigger other companies to follow suit when the final decision is rendered.
Represented GE Capital Group with respect to the Korean tax issues in their global restructuring and won a favourable ruling for the client.
Representing Shin Hwa World Limited in a tax litigation, which contains an international tax issue that is the first of its kind (indirect transfer taxation).