AI · SEMICONDUCTOR · FACT CHECK
SKD WIRETrue
The National Tax Service has lost its court battle against Google Korea over the cancellation of approximately 154.0 billion won in corporate taxes, according to a ruling that ends the tax authority's attempt to collect the disputed amount from the company's Korean operations.
The dispute centered on the National Tax Service's corporate tax assessment against Google Korea. The tax agency had issued a bill of roughly 154.0 billion won, and Google Korea filed suit seeking to have the assessment cancelled.
The court ruled in favor of Google Korea, rejecting the National Tax Service's position. The decision means the tax assessment at issue cannot stand as pursued by the agency.
The ruling represents a notable outcome in a case involving the Korean taxation of a major foreign platform operator's local entity. Further details of the court's reasoning were not provided in the materials reviewed.
The claim that the National Tax Service lost its corporate tax cancellation lawsuit against Google Korea over the approximately 154.0 billion won assessment is True.