Seoul to crack down on tax evasion by big firms, individuals
Oct 13, 2017
South Korea's tax agency said Friday it will crack down on tax evasion by big businesses and wealthy individuals to boost its tax revenue. The National Tax Service plans to thoroughly look into possible capital outflows by high-income earners and conglomerates and check moves to pass on managerial control of firms without paying related dues, the NTS said in the documents produced for the parlia...