Korea Joongang Daily
Korea JoongAng Daily

Korea to begin 1st filing for global minimum corporate tax next month

Korea's tax authorities said Tuesday they will begin receiving filings under the new global minimum corporate tax regime from more than 2,500 multinational enterprises next month.

2026-04-28

Korea pursues international tax evaders with cooperation from foreign authorities

Korea's tax authorities tracked down a foreign professional athlete who fled overseas without paying their taxes as part of the government's harsher crackdown on tax evaders, particularly those seeking haven abroad.

2026-04-28

Cha Eun-woo pays 20 billion won penalty and issues apology, claims 'sole responsibility' for tax scandal

Singer and actor Cha Eun-woo issued an apology over his tax evasion scandal and said he had paid the full amount — 20 billion won ($13.6 million) — owed in a statement on Wednesday.

2026-04-08

Police probing unauthorized crypto transfer after NTS inadvertently shared wallet recovery phrase

Police are investigating the unauthorized transfer of cryptocurrency seized by the National Tax Service, which accidentally disclosed a cryptocurrency wallet recovery phrase in a press release photo.

2026-03-01

Brands pull plug on Cha Eun-woo ads as criminal evasion team digs into tax-dodging allegations

A legal expert said that singer and actor Cha Eun-woo, who is currently facing allegations of dodging more than 20 billion won in taxes through a company registered under his mother’s name, could be referred to prosecutors if intent is proven.

2026-01-26

Tax service opens investigation into London Bagel Museum

The National Tax Service launched a special tax investigation on Thursday into London Bagel Museum, a fast-growing bakery chain that has faced scrutiny after allegations that a staff member died from overwork.

2025-12-18

Tax service seizes $12M in luxury goods, cash in raids on evaders

The National Tax Service announced that officials seized luxury goods and cash worth 18 billion won from high-profile tax delinquents in a large-scale raid on 18 wealthy offenders.

2025-11-10

Tax authorities take aim at multimillion dollar ticket reselling industry

Korea’s tax authorities opened a sweeping investigation on Thursday into professional ticket resellers accused of turning K-pop fandom into a multimillion-dollar black market, as regulators move to clamp down on years of unreported profits.

2025-11-06

Luxury home purchases under scrutiny in real estate tax investigation

The National Tax Service (NTS) on Wednesday launched tax audits on 104 suspected tax evaders, including young buyers and foreigners, involved in high-end real estate transactions in Seoul.

2025-10-01

YouTubers owed 8.9 billion won in taxes last year. Some lawmakers say they're not paying up.

YouTubers in Korea owe 8.9 billion won in taxes, with audits highlighting concerns over proper income reporting and potential tax evasion.

2025-07-14