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Multinational Companies Ask Employees to Work from Home

Multinational Companies Ask Employees to Work from Home

SEOUL, March 26 (Korea Bizwire) — With the novel coronavirus pandemic prompting alarming headlines on a daily basis, the majority of employees at multinational companies in South Korea are working from home in various ways. Mercer Korea, a human resources consulting firm, conducted a survey on 265 multinational companies in the country and found that [...]

Tax Authorities to Zero in on Tax Avoidance by Multinational Companies

Tax Authorities to Zero in on Tax Avoidance by Multinational Companies

SEJONG, Dec. 13 (Korea Bizwire) – The government is introducing a new policy this month requiring multinational companies to submit integrated attribution reports, as part of a bid to tackle tax avoidance. The integrated reports submission system is in response to tax avoidance schemes employed by multinational companies such as the manipulation of transfer prices, the [...]