S. Korea’s Tax Authority to Impose over 300 bln Won in Tax on Oracle Korea

SEJONG, April 10 (Korea Bizwire) – South Korea’s tax agency has imposed more than 300 billion won (US$262 million) in corporate taxes on the local unit of U.S. tech giant Oracle Corp. for alleged tax evasion, sources familiar with the issue said Monday. The National Tax Service (NTS) took the action against Oracle Korea as [...]