Google Korea finally wins tax dispute against Korean tax office
The Supreme Court has dismissed an appeal by Korea's tax authority, effectively upholding a lower court's ruling in favor of Google Korea in a corporate tax cancellation case involving about 154 billion won ($115.3 million), judicial officials said Monday. The top court left intact the Seoul High Court's ruling siding with Google Korea in its corporate tax cancellation lawsuit against the head of…
The Supreme Court has ruled in favor of Google Korea, dismissing an appeal by the Korean tax authority and upholding a lower court's decision. The dispute centered around a corporate tax cancellation case where the tax office sought to impose about 154 billion won ($115.3 million) in taxes on Google Korea. The tax office claimed that part of Google Korea's income received from Google Asia Pacific, based in Singapore, was subject to taxation as royalty income.
Google Korea argued that these payments constituted business income for the Asia Pacific subsidiary and were not taxable in Korea. The Seoul Administrative Court ultimately agreed with Google Korea's position, finding that the payments did not qualify as taxable income.
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- Google Korea finally wins tax dispute against S. Korean tax office en.yna.co.kr
- Google Korea finally wins tax dispute against Korean tax office koreatimes.co.kr
- Google Korea Wins Final Ruling in 154 Billion Won Tax Dispute world.kbs.co.kr