Search results for corporate tax
Telecommunications & Media
Netflix wins South Korea corporate tax suit, 68.7 billion won of 76.2 billion won cancelled
Netflix\'s South Korean unit effectively won a corporate tax lawsuit against tax authorities after a court ruled payments to its Dutch unit were compensation for services rather than copyright royalties. The Seoul Administrative Court ordered the cancellation of 68.7 billion won of the 76.2 billion won assessed. The case stemmed from a 2021 tax audit. Netflix had sought full cancellation of the remaining assessed tax in a suit filed in November 2023.
Telecommunications & Media
Korea-Canada audiovisual co-production agreement to be signed after eight-year effort
South Korea\'s Broadcast Media and Communications Commission said a Korea-Canada audiovisual co-production agreement it has worked on for eight years will be signed this week. A delegation led by standing commissioner Go Min-soo will visit Canada from April 21 to 25 and sign the accord on April 22 local time. The pact recognises co-productions as domestic content in both countries, offering quota exemptions, access to funding programmes and tax credits.
AI & Enterprise
OpenAI executive says people should not be uniformly pessimistic about AI
OpenAI pushed back against growing pessimism about artificial intelligence, with its global policy vice president Chris Lehane saying debate is swinging between exaggerated optimism and extreme pessimism. He said the industry needs to better explain how AI can help individuals, families and society. His comments come as a Pew Research survey found only 17 percent expect AI to have a positive impact on the United States over the next 20 years. OpenAI also outlined proposals to spread AI’s economic gains, while noting risks are already emerging.
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Finance
Billionaires pay less tax than their secretaries, momentum grows for 2 percent minimum wealth tax
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Industry
Korea\'s three battery makers set for first-quarter losses
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Finance
President Lee vows tough capital market reforms, says Korea premium possible
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AI & Enterprise
Douzone Bizon upgrades AI corporate tax adjustment function
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AI & Enterprise
Douzone Bizon wraps up nationwide 2026 corporate tax filing training
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Industry
Sungwoo posts 1 billion won 2025 operating profit, down 92.9 percent
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Crypto
Vietnam to tax cryptocurrency like stocks, plans 0.1 percent transaction levy
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Finance
Shinhan Financial 2025 net profit rises 11.7 percent to 4.97 trillion won
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AI & Enterprise
Douzone Bizon launches ONE AI tax law assistant
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Crypto
Cathie Wood forecasts Trump will buy bitcoin directly in 2026
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Finance
KB Kookmin Bank launches \'KB Preferential Savings for SME Employees\'