Tax Authority to Probe Bakery Cafés Used in Inheritance Tax Avoidance

  SEOUL, Feb. 1 (Korea Bizwire) — South Korea’s National Tax Service said it will begin a nationwide review of large bakery cafés amid growing concerns that the businesses are being used by wealthy families to sidestep inheritance and gift taxes. The agency announced last week that it would conduct a fact-finding investigation into large-scale bakery [...]