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Korean National Tax Service launches Online Accounts Disclosure system for Public Service Corporations

28/04/2009

The Korean National Tax Service (similar to HM Revenue and Customs in UK) launched an Internet Accounts Disclosure system for Korean Public Service Corporations (PSCs) whose gross assets amount to more than 1 billion won (about ₤500,000) according to the Inheritance Tax and Gift Tax Act. GuideStar Korea plans to include these 3,000 PSCs database on GuideStar System. GuideStar Korea Disclosure regime for PSCs.pdf

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