People
Im Jung Choi is a tax attorney/CPA in Kim & Chang’s Tax Audit & Tax Dispute Resolution Practice, Private Equity Practice, Real Estate & Construction Practice and Mergers & Acquisitions Practice.
Mr. Choi has over 21 years of experience advising companies on a wide range of corporate and business tax issues, with a focus on permanent establishment and beneficial ownership issues.
Mr. Choi received his Master of Professional Accounting degree from The University of Texas at Austin in 2001 and his Master of Business Taxation degree from The University of Seoul in 1999. He received his B.B.A. from Yonsei University in 1987. Mr Choi is a Certified Public Accountant in both Korea and the United States.
Tax Management Portfolios™
-
Business Operations in the Republic of Korea (Portfolio 7210)
Description
Tax Management Portfolio, Business Operations in the Republic of Korea, No. 7210, deals with the taxes and tax problems most likely to be encountered by foreign firms doing business in the Republic of Korea. The Detailed Analysis provides a summary of the Korean tax system and detailed treatment of the major taxes affecting business: the individual and corporate income taxes and the value added tax. Tax presence is discussed separately, in detail, because of its importance as a threshold issue. The Worksheets include corporation tax forms and tax rates. This Portfolio may be cited as Kim and Choi, 7210 T.M., Business Operations in the Republic of Korea.Table of Contents
Detailed Analysis I. The Republic of Korea: The Country, Its People, Government and Economy II. Operating a Business in Korea III. Forms of Doing Business in Korea IV. Tax System and Principal Taxes V. Taxation of Corporations VI. Taxation of Foreign Corporations VII. Taxation of Branches VIII. Taxation of Partnerships IX. Assets Revaluation Law X. Taxation of Individuals XII. Inheritance and Gift Tax XIII. Transactions Between Parties in a Special Relationship XIV. Value Added Tax Law XV. Tax Incentive Limitation Law XVI. National Tax Basic Law XVII. Surcharges XVIII. Land-Related Tax XIX. Avoidance of Double Taxation