Korean companies fined millions of dollars for tax evasion

May 26 2010

The Korean National Tax Service (NTS) has issued fines against four Korean companies for tax evasion worth W662billion ($53 million) after cracking down on local owners of bank accounts in Switzerland, Hong Kong and Singapore.

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Direct Tax

Unveiling ITR's Global Tax 50 2025

ITR presents the 50 most influential people in tax from 2025, with world leaders, in-house award winners, activists and others making the cut

Tom Baker, December 08 2025

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Monaghan is CEO of the Fair Tax Foundation

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ITR Global Tax 50 2025: Gilles Roth

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ITR Global Tax 50 2025: Dan Neidle

Neidle is director of Tax Policy Associates

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Zucman is an economist and professor at the Paris School of Economics

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