Yonhap Infomax NewsDec 30
South Korea's National Tax Service chief pledged a rigorous review of Coupang Inc.'s tax compliance, emphasizing the company's domestic roots and confirming a special audit amid allegations of tax evasion.
#YonhapInfomax #CoupangInc #NationalTaxService #TaxAudit #KimBomSeok #TaxEvasionAllegations #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97747
NTS Chief - 'Coupang, a Company Built by Koreans—Tax Obligations to Be Thoroughly Reviewed' (Comprehensive)

South Korea's National Tax Service chief pledged a rigorous review of Coupang Inc.'s tax compliance, emphasizing the company's domestic roots and confirming a special audit amid allegations of tax evasion.

Yonhap Infomax
Yonhap Infomax NewsDec 23
South Korea's National Tax Service has launched tax audits into 31 firms—including those accused of illicit FX outflows, price collusion, and shrinkflation—amid concerns over currency volatility and inflation, with suspected tax evasion totaling 1 trillion won ($845 million).
#YonhapInfomax #NationalTaxService #TaxAudit #IllicitFXOutflows #PriceCollusion #Shrinkflation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=96798
Yonhap Infomax NewsDec 19
South Korea’s National Tax Service will launch an AI-powered tax consultant and expand taxpayer protections as part of a major innovation drive ahead of its 60th anniversary, including raising audit support thresholds and establishing a new delinquency management team.
#YonhapInfomax #NationalTaxService #AITaxConsultant #TaxpayerProtection #TaxAudit #DelinquencyManagementTeam #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=96441
National Tax Service to Introduce AI Tax Consultant—Accelerating Tax Administration Innovation Ahead of 60th Anniversary

South Korea’s National Tax Service will launch an AI-powered tax consultant and expand taxpayer protections as part of a major innovation drive ahead of its 60th anniversary, including raising audit support thresholds and establishing a new delinquency management team.

Yonhap Infomax
Show threadKevin Karhan Nov 30

@Quasit @davidaugust the sheer concept of "#AssetForfeilture" is not justifyable by any rule of law and violates #InDubioProReo...

  • Really reminds me of this #meme:

Meanwhile #billionaires and #millionaores don't even face #TaxAudit|s despite the fact that there's a chance greater than 50% that there's at least some error beyond mere lack of knowledge!

efiletaxOct 28
Breaking: CBDT under fire for ignoring Gujarat HC's ITR extension order! Punjab HC calls it "contempt" today—notification promised by tomorrow? Taxpayers & CAs deserve better amid portal glitches. Time for reforms!
#CBDT #ITRExtension #TaxAudit
Yonhap Infomax NewsOct 24
The National Tax Service will exempt or defer regular tax audits for over 4,800 AI SMEs, prioritizing R&D tax credits and liquidity support to foster sector growth.
#YonhapInfomax #NationalTaxService #AISME #TaxAudit #RDTaxCredit #LiquiditySupport #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87192
National Tax Service Excludes and Defers Regular Tax Audits for AI SMEs—'Proactive Tax Support'

The National Tax Service will exempt or defer regular tax audits for over 4,800 AI SMEs, prioritizing R&D tax credits and liquidity support to foster sector growth.

Yonhap Infomax
Yonhap Infomax NewsSep 30
South Korea’s National Tax Service will limit on-site tax audits to essential cases and shorten their duration, aiming to create a more business-friendly environment for SMEs and drive economic growth.
#YonhapInfomax #NationalTaxService #TaxAudit #SMEs #BusinessEnvironment #RDTaxCredits #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84151
NTS Chief - 'On-Site Tax Audits to Be Shortened and Limited to Essential Cases'

South Korea’s National Tax Service will limit on-site tax audits to essential cases and shorten their duration, aiming to create a more business-friendly environment for SMEs and drive economic growth.

Yonhap Infomax
JainSep 28
If your Tax Audit is not completed till now, there is a good news for you. The date is extended till 31st Oct. Contact your CA now and get it done to avoid last minute rush. #TaxAudit #IncomeTax #DueDateExtended #TaxFiling #CharteredAccountant #TaxUpdate #BusinessCompliance
News24mediaSep 26
The Income Tax Department announces an extension for audit report due date—now October 31, 2025. Tax professionals and businesses benefit from added time after recent disruptions.
#IncomeTaxAuditReportDueDate #TaxAudit #CBDT #IndiaBusiness #Efiling
https://news24media.org/income-tax-audit-report-due-date-extended/
Income Tax Audit Report Due Date Extended to October 31, 2025: CBDT Offers Relief Amid Taxpayer Challenges -

Income tax audit report due date

News 24 Media
efiletaxSep 19, 2025
🚨 ICAI relief: Guidance Note formats for Non-Corporate Entities = voluntary for FY 24-25.
But the real problem? No practical timeline for tax audits. Shouldn’t that be priority?
#TaxAudit