What's New
  • Interest paid to overseas related company is limited by adjusted taxable income
  • CKC
    Views: 8304, 2018.11.14 15:13:38
  •  

    Interest paid to overseas related company is limited by adjusted taxable income

     

    (Current)

    • No regulation

     

    (New)

    • Interest paid to overseas related company is limited to 30% of adjusted taxable income;

    • Adjusted taxable income is taxable income plus depreciation plus net interest paid to

      overseas related company;

    • Compared with the current thin capital tax system, bigger non-taxable amount will be applied.

       

      (Effective date)

    This change is effective to the financial year started from January 1, 2019

Comment 0 ...

No.
Subject
114 1170 2020.01.03
113 1892 2019.11.22
112 3055 2019.09.26
111 4038 2019.07.31
110 4610 2019.07.04
109 8638 2019.01.09
8304 2018.11.14
107 9550 2018.09.17
106 10334 2018.09.07
105 12052 2018.07.31
Tag
  • INAA GROUP
  • Compandben SA
  • High Street Partners
  • Time of submission
  • Seoul Global Center
  • Knowing about Korea
  • National Tax Service
  • Minstry of Labor
  • National health Insurance
  • National Pension Service
  • Compensation & Welfare Service