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Supreme Court Cancels 154 Billion Won Tax Bill on Google Korea

Original: Supreme Court Cancels 154 Billion Won Corporate Tax on Google Korea

South Korea's Supreme Court has cancelled a 154 billion won corporate tax assessed on Google Korea. The ruling ends a long-running dispute over how the US tech giant's local operations were taxed. The decision is expected to draw attention from tax authorities and multinational companies watching how profits booked abroad are treated under Korean tax law.

Why now: The Supreme Court issued a high-value tax ruling against the tax authorities in a closely watched case involving a major multinational.

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