August 7, 2025

Tax Reform Act 2025 - Summary of Key Highlights for Foreign Invested Entities

On July 31, 2025, the Ministry of Economy and Finance announced a draft for the 2025 tax reform. This tax reform bill must go through the National Assembly reconciliation process and pass the plenary ...
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August 6, 2025

Key industrial and tax policy directions for foreign-invested entities under the new government

With the election of Lee Jae-myung as the 21st president of South Korea on June 4, 2025, changes are expected in the country's economic and industrial policies. Based on the new government's key p...
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June 10, 2025

Korea’s Pillar 2 Implementation and GloBE Filing Requirements for MNEs

The global minimum tax was recently introduced in the Law for the Coordination of International Tax Affairs (“Pillar 2”). This introduction email was and summarized and prepared for a Multi-National C...
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June 10, 2025

Employer’s obligations related to stock-based compensation from a foreign controlling shareholder

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