The South Korean unit of Amazon Web Services paid 150 billion won (US$125.42 million) in back taxes to the tax office, sources said Tuesday.
The National Tax Service (NTS) slapped the corporate tax on the company last year after carrying out a tax probe. Amazon made the payment in November without taking any legal actions, according to industry sources.
Google Korea has filed a complaint with the Tax Tribunal over the 600 billion won the NTS levied in a back corporate tax in January. Should the tribunal rule against the tax office, Google could get the money back.
At the heart of the dispute is whether multinational firms have a fixed place of business in South Korea.
Google Korea and several others have claimed that they are not subject to taxation here, as their servers are located overseas.
But the NTS has decided to impose the back taxes, saying those servers virtually operate in "countries of business" despite their overseas locations.
See all the news
First NFT Asset By The Arveladze Twins To Be Sold On The Auction
#TheCheckPoints - Economic Freedom and Georgia - Fraser Institute’s Index
#FORBESკვირა - გიორგი ისაკაძის ეპილოგი
#FORBESკვირა - როგორ გამდიდრდა Pfizer?
Kazakhstan’s Share of Bitcoin Mining Increases Sixfold Surging to Third Place Worldwide
Israel Bans Travel In Georgia From July 30
Novartis Prostate Cancer Drug Receives U.S. FDA Breakthrough Designation
Mymarket-ის აპლიკაცია ჩაშვებულია!
The Success of 5 Georgian Wines at Sommeliers Choice Awards 2021
მანინო უწერა - ახალი სასტუმრო რაჭაში
სილამაზის ინდუსტრიის გამოწვევები და #AVON-ის ფინანსური მაჩვენებლები
Investors in Georgia discover that Ease of Doing Business rankings can be deceptive
Baia Kvitsiani to Replace Mariam Kvrivishvili In The Parliament
Wine Earnings From Exports Increase Despite Pandemic
How to study in Britain?
Who Is Vazil Hudak?
PM Appoints Vazil Hudak As A Special Advisor on Attracting FDI
How much do Covid-19 vaccines cost?
Exclusive Follow-Up/Interview with Selim Cakir, IMF Representative in Georgia
Czech Development Agency Delegation to Visit Georgia