Tax Risk Assessment and Tax Audit
BDO Korea has tax specialists who had conducted tax audits from the National Tax Service and CPAs with extensive experiences in various industries.
BEPS was recently introduced to the tax law to prevent multinational corporations from avoiding tax by income transfer. As a result, the tax authorities are being more stringent on transfer pricing and permanent establishment tax on foreign companies entering Korea.
We have experts with extensive experience in international tax, such as transfer pricing, and permanent establishments, and provide the highest level of service that will satisfy the taxpayers.
- Initial response: review information requested by a tax auditor to evaluation audit strategy and assess potential risks
- Analyze major challenges: review relevant laws and regulations include previous ruling and histories.
- Develop defending position: prepare position papers with underlying supporting logics.
- Prepare post-tax audit process: propose recommendation related to minimize tax implication and analyze feasibility of tax appeal against imposed tax.