The Cha & Kwon law offices reviewed taxation issue of virtual asset income of overseas corporations.

To this end, detailed legal practice was provided by closely examining legal relationship among overseas corporations, virtual asset exchanges and tax authorities that generated virtual asset income in Korea. If an overseas corporation's capital gains from a domestic virtual asset exchange are withheld as other income, all related factors should be considered in order to predict legal process for dispute. Cha&Kwon law Offices comprehensively examined cases for judgment on the withholding obligation of the virtual asset exchange, facts related to taxation, and possible legal remedies. Using our expertise and experience in the field of virtual assets, Cha & Kwon's law offices advised successful legal procedures, which are strategies that can be adopted in the process. This enabled us to provide the information that our clients need in an efficient and quick way.

Cha & Kwon law offices responded to pending issues by sensitively tracking rapidly changing regulations. Get legal reviews from Cha & Kwon law offices with expertise in virtual asset business and taxation.