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Korea moving to tax Apple, Amazon, Google

Aug 03, 2018 14:52 IST

Google, Amazon, Apple and other big tech firms are looking at taxes on their products in Korea. Under the current law, the Korean government can't tax global companies as they're only required to pay taxes if they have a place of fixed business in Korea. Tech firms have been abusing this loophole, and policymakers are looking to finally clamp down.

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