Tax Evasion
Ongoing coverage on Tax Evasion.
Latest coverage
Microsoft filing shows how it shifts profits around to reduce its European tax bill
A recent Microsoft compliance report reveals the company's strategies for shifting profits across European nations to minimize its tax obligations. This filing details how the tech giant manages its international financial operations to reduce its overall tax burden.
League of Legends star Ruler avoids LCK punishment following tax fiasco
League of Legends player Park 'Ruler' Jae-hyuk will not face punishment from the LCK following a public tax issue. The investigation concluded that his tax mishap was an administrative error rather than intentional evasion. Despite this ruling, Ruler may still face public scrutiny due to the sensitive nature of military exemptions in South Korea.
Cha Eun-woo Bayar Denda 20 Miliar Won dan Minta Maaf Kasus Pajak
South Korean celebrity Cha Eun-woo has apologized for a tax evasion scandal and paid a fine of 20 billion won. The National Tax Service had accused him of evading income tax by establishing a company under a family member's name. Cha Eun-woo has taken full responsibility, stating he did not consider the implications carefully during the process.
Morning Legal Briefs
Interpol has identified 45,000 IP addresses linked to global cybercrime activities. Separately, Amazon is facing a criminal trial in Italy concerning alleged tax evasion amounting to €1.2 billion.
South Korean authorities seized $5.6 million worth of crypto then accidentally posted pictures of the super-secret…
South Korea's National Tax Service seized $5.6 million in cryptocurrency from tax evaders but accidentally leaked the recovery phrase for a hardware wallet containing $4.8 million. The agency apologized for the security lapse, stating they are reviewing their procedures. The leaked crypto is tied to an obscure token, Pre-Retogeum (PRTG), making it difficult to sell without crashing its value.
