Foreign owners of domestic property are on the radar of the National Tax Service (NTS), which is looking for those who have underreported rental income. Between 2017 and May this year, foreigners have purchased apartments valued 7.67 trillion won.
A National Tax Service (NTS) director announces an investigation into 413 owners of multiple houses accused of evading tax at the Sejong Government Complex on Tuesday.
The National Tax Service (NTS) has reportedly collected 150 billion won ($125.3 million) in back taxes from Amazon Web Service Korea, the full amount it reported the company owed last year.
As controversy surrounds a civic group dedicated to the cause of Japan's wartime sexual slavery victims, the group's murky financial history has prompted calls to strengthen oversight of nongovernmental organizations (NGOs).