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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.