Daeryun Law Firm’s Corporate Legal and Tax Administration Group is ‘in full operation’ to respond to tax litigation
2024-07-17
Prepare countermeasures for each type... Establishment of a specialized group collaboration response team
Corporate tax, income tax reduction, tax authority investigation, etc.
Reduce disposal through explanation of transaction entity
Daeryun Law Firm announced on the 17th that it is actively working to preemptively respond to tax evasion risks and respond to tax litigation by collaborating with specialized groups such as corporate law and tax administration.
Daeryun's corporate legal and tax administration group takes the lead in effectively responding to civil, criminal, and administrative cases related to tax evasion crimes.
Attorney Won-il Won, head of the corporate legal group, served as a judge at the Seoul Central District Court, and served as head of the legal office at POSCO Holdings and POSCO Future M, handling numerous corporate dispute cases.
Attorney Kwak Nae-won, head of the Tax Administration Group, was in charge of tax and administrative litigation at the Seoul Administrative Court, and as an administrative and inheritance lawyer registered with the Korean Bar Association, he is a key player in preemptive response to tax evasion risks.
Under the direction of the group leader, a team of 3 to 20 people, including tax lawyers, accountants, tax accountants, and digital forensics experts in each field, is formed and responded depending on the size of the case.
In particular, we are fully prepared to conduct an intensive tax investigation targeting small and medium-sized businesses that have recently received corporate and income tax reductions from the National Tax Service.
Previously, the tax authorities have introduced support measures to reduce corporate and income tax within a certain percentage for companies starting a business outside of the regional distribution and overcrowding areas. As the number of cases of abuse of benefits increases, a tax investigation is being conducted to check at the national level.
Daeryun provides professional assistance starting from the tax audit process. It prevents cases of incorrect response to tax investigations, such as hiding data or submitting false data to reduce the amount of additional tax, and helps prevent it from turning into a tax violation investigation.
Attorney Won-il Won said, "A tax investigation is a little different from the interpretation of ordinary legal acts. What the parties to the case see may be different from what they see from an accounting or taxation perspective, so consultation with an expert is necessary. Even for cases that may be somewhat difficult to resolve by linking with the tax administration group, we will be able to prepare thoroughly in advance before the issue escalates."
Attorney Kwak Nae-won emphasized, "If you receive expert help from the tax investigation stage, even difficult cases can be easily resolved without going into tax litigation. The initial response determines the outcome. If you are caught up in a related case, it is advisable to get help from a tax attorney who can clearly analyze the facts, regulations, and legal principles."
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