Search results for Seoul Regional Tax Office
Finance
KB Financial chairman race narrows to three as Yang Jong-hee reappointment prospect grows
KB Financial Group’s chairman succession race has been narrowed to three candidates after its nomination committee conducted in-depth interviews. The shortlist includes incumbent Yang Jong-hee, former Woori Bank chief Kwon Kwang-seok and KB Financial executive Lee Jae-geun. Market observers see Yang’s reappointment prospects rising, supported by record earnings since he took office. Separately, ruling party-government discussions on governance are focusing on strengthening nomination committee voting procedures rather than legally limiting chair terms.
Finance
South Korea tax agency launches special tax probe into Meritz Securities over alleged tax evasion
South Korea\'s National Tax Service has launched an irregular tax audit into Meritz Securities after spotting suspected tax evasion. Investigators from the Seoul Regional Tax Office’s Investigation Bureau 4 visited the firm’s headquarters in Seoul’s Yeongdeungpo district to secure accounting and other materials needed for the probe. The move comes three days after similar audits began at Hana Financial Group and Hana Bank, prompting attention to a possible expansion across the wider financial industry.
Industry
Orion adds outside directors with customs and tax backgrounds amid strong overseas sales
Orion Group will strengthen its lineup of former officials as outside directors at annual shareholder meetings on March 26. Alongside existing appointees with backgrounds in the food safety regulator and prosecution, it will newly appoint former officials from the Korea Customs Service and the National Tax Service. With overseas business rising to 60 percent of total sales, the move is seen as aimed at strengthening its ability to respond to tax matters.
