Hannam-Dong 'Emperor's Residence' · Chairman's Exclusive 10 Billion Won Villa... Alleged 1.9 Trillion Won Tax Evasion
4 Articles
4 Articles
Domestic food and lodging company A purchased a high-end residence in Hannam-dong, Yongsan-gu, Seoul, worth over 20 billion won several years ago using company funds, and then spent more than 10 billion won on expansions and interior renovations. This house was used as an exclusive residence for the owner's family. It is reported that they already own a house worth over 30 billion won in the vicinity. The National Tax Service found that among th…
National Tax Service Launches Tax Investigations into 50 Companies, Including 5 Conglomerates… 6 Listed Companies Purchased Hannam-dong Homes Worth Over 20 Billion Won for Owner Families to Reside… Used 10 Billion Won of Company Funds for Interiors; Sold Homes Worth 4 Billion Won to Companies to Avoid Two-Home Ownership Permits and Remained (Sejong=Yonhap News) Reporter Lee Dae-hee
[Digital Daily Reporter Kim Nam-gyu] Companies that used company funds to purchase luxury homes and vacation homes worth tens of billions of won for private use by the owner's family are facing mass tax audits by the National Tax Service. Suspicions of tax evasion detected across 50 companies, including five large conglomerates and six listed firms, amount to approximately 1.9 trillion won. On the 25th, the National Tax Service announced that i…
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