YOON&YANG
Yoon & Yang’s Tax Practice offers clients advisory services on international taxation issues to facilitate their cross-border transactions in various industries. Our Tax Practice advises foreign companies on tax issues in establishing their local presence in Korea, and provides domestic companies with tax advisory services in relation to their overseas subsidiaries. The Practice also offers advisory services to multinational companies on a wide range of transfer pricing issues, including global transfer pricing policies, transfer pricing documentation, Advance Pricing Agreements (APAs) and Mutual Agreement Procedures (MAPs).

Key Services

  • Advising foreign companies on tax issues in establishing local presence and making domestic investment
  • Conducting tax due diligence and designing transaction structures for foreign investors in connection with acquisition of a domestic company
  • Advising foreign-invested enterprises on tax reduction or exemption
  • Advising domestic companies on tax issues in establishing overseas subsidiaries and making overseas investment
  • Tax audits
  • Overseas financial account investigation
  • Transfer pricing policies
  • BEPS reports
  • Advance Pricing Agreements (APAs) and Mutual Agreement Procedures (MAPs)

Representative Cases

  • Advised leading domestic companies on the withholding of corporate tax resulting from transfer of foreign shares
  • Responded to investigations, filed appeals against administrative fines, and defended multinational companies and individuals against criminal charges in connection with the reporting of overseas financial accounts
  • Provided consultation for a financial institution concerning the exchange of financial account information between Korea and foreign tax authorities
  • Established transfer pricing and market price policies in connection with financial transactions, intangible asset transactions, and goods and services transactions for a global cosmetics company, a leading cell phone parts manufacturer, a global handbag manufacturer, and other multinational companies
  • Prepared BEPS reports for a leading health supplement manufacturer, a global cosmetics company, and other multinational companies
  • Tax audiots and tax appeals related to transfer pricing for a leading biotech company, a luxury product importer, and other multinational companies
  • Advised multinational companies on Advance Pricing Agreements (APAs) and Mutual Agreement Procedures (MAPs)