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The National Tax Service on Tuesday launched an investigation into four units of Lotte Shopping, which marked the first time in four years since September 2009.
The tax agency dispatched some 150 inspectors into the headquarters of Lotte Department Store, Lotte Mart, Lotte Super and Lotte Cinema in Seoul to secure computer hard disks and internal financial statements.
Market insiders alleged that the NTS will focus their probe on whether some of the Lotte units exploited tax loopholes or engaged in irregular practices during deals with subcontractors.
(kys@heraldcorp.com)
The tax agency dispatched some 150 inspectors into the headquarters of Lotte Department Store, Lotte Mart, Lotte Super and Lotte Cinema in Seoul to secure computer hard disks and internal financial statements.
Market insiders alleged that the NTS will focus their probe on whether some of the Lotte units exploited tax loopholes or engaged in irregular practices during deals with subcontractors.
(kys@heraldcorp.com)
