National Tax Tribunal decision regarding penalty reductions

Journal
Author
Lee, C.S.
Country
Korea (Rep.)
Published Date
Issue
International Transfer Pricing Journal 2004 (Volume 11), No. 6
FormatPDF
EUR
45
| USD
50 (VAT excl.)

In 2004 the National Tax Tribunal ruled in a case regarding the reduction of penalties. This article explains the relationship between Sec. 52 of the Corporate Tax Act and Sec. 4 of the Adjustment of International Taxes Act .