Tax Planning
Tax saving through a transfer between family members
A residence was transferred between lineal ascendants and descendants using the non-taxation and low-price acquisition provisions.
Approx. KRW 200 million saved
TASK CASE
Case Results
Real engagements, published with our clients' consent. Identifying details have been removed.
Property Taxes
Restructuring a gift with assumption of debt
Adjusting the proportion of debt assumed and the date of the gift sharply reduced the combined gift tax and capital gains tax.
Approx. KRW 100 million saved
Corporate Tax
Clearing outstanding advances and revising the articles on executive bonuses and severance
Years of accumulated advances to the representative were cleared, reducing deemed interest under the Corporate Tax Act and the risk of disposition as bonus income under the Income Tax Act.
Approx. KRW 150 million saved
Corporate Tax
Building a bookkeeping system for a non-profit corporation
We identified that poor bookkeeping had led the corporation to overpay corporate tax and VAT, and introduced accounting and tax management systems that removed the unnecessary burden.
Approx. KRW 78 million saved
Tax Planning
Bookkeeping and systems for a café
A café with roughly KRW 300 million in revenue had claimed no tax credits or reductions in the prior year. We applied them to the current year's global income tax and filed requests for correction covering three years, securing a refund.
Approx. KRW 10 million saved
Corporate Tax
Normalising the books of a real estate corporation
Despite frequent property sales and leases, accounting and tax management had never been systematised. We reorganised the transaction records, established qualifying-evidence and tax treatment procedures, brought hidden costs into the accounts, and made future disposal tax reviewable in advance.
Corporate tax and penalty exposure minimised
Note: each outcome above follows from the facts of that particular matter and the law applied to it. The same result cannot be guaranteed.