Tax Consulting Team provides the best service with tax lawyers, experienced for more than ten years in the areas of taxation, and certified public accountants and tax attorneys with experiences and careers in domestic and foreign major accounting firms for years.
Tax Consulting Team's expertise covers all areas necessary to solve a variety of problems of clients, including general corporate tax, corporate restructuring, financial transactions, tax planning for personal assets and investments in real estates, and tax legislations.
Major Practice Areas
- Tax Advice
- Tax advice to general corporations (request for advanced rulings and tax rulings)
- Tax advice in respect of corporate restructuring
- Tax advice on structuring and implementing financial products
- Tax planning for personal assets and investments in real estate
- Tax Legislative Services
- Enacting tax legislations
- Amending tax legislations
Transaction Advice · Authoritative Interpretation
- Advised Seagate Technology in relation to the optimal structure for acquisition of Samsung Electronics' HDD business and successfully obtained the authoritative interpretation from the tax authority.
- Advised Morgan Stanley on tax matters with respect to the refinancing transaction of more than KRW 800 billion in connection with the acquisition of Seoul Square, formerly known as the Daewoo Building
- Provided ING Real Estate with tax advices on various tax issues with respect to the sale of ING Tower in Yeoksam-dong to KB Asset Management at the price of approximately KRW 400 billion
- Advised on overall tax matters in relation to the merger between KT and KTF with a combined asset value of approximately KRW 24 trillion.
- Advised Lotte Shopping on various tax matters including tax-efficient structuring for acquisition of GS Mart and GS Department store at approximately KRW 1.34 trillion.
- Provided tax advice to Shinhan BNP Paribas Asset Management in relation to its real-estate private equity fund’s disposal of Center 1 building in Jung-gu, Seoul, valued at approximately KRW 530 billion.
- Provided tax advice in relation to the merger between Samsung Electronics Co., Ltd. and Samsung LED Co., Ltd
- Provided tax advice in relation to Hyundai Motor Company’s acquisition of Green Cross Life Insurance.
- Successfully obtained a tax ruling that waiver fees provided by Hyundai Capital to ABS creditors are not subject to withholding and received a full refund of tax amount the client paid on this basis.