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International Practice

2023.08.17

Review of Taxation on Software Purchase Payments under the Korea - Germany Tax Treaty

Cha & Kwon Law Offices conducted a legal and tax review to determine if payments made by a Korean company to a German corporation for the purchase of software qualify as royalty income under the Korea-Germany tax treaty. If such payments are considered royalty income, they may be subject to taxation in Korea.

 

Cha & Kwon Law Offices conduct comprehensive legal and tax reviews of overseas clients' business operations in Korea, providing the most reasonable and efficient solutions to meet their needs.