Following efforts of the ECCK and a position paper submitted in December 2023 by the ECCK Tax Committee on behalf of ECCK member companies, a Presidential Decree regarding Partial Amendments of the Foreign Exchange Transactions Act was announced on March 5.The announcement confirms that foreign listed stocks acquired through stock based compensation plans can …
The ECCK is pleased to announce that, Ms. Sukhee Cho, Director of Korea Global Product Stewardship/R&D of Procter and Gamble Korea has been elected as the new Chairperson of the ECCK Cosmetics Committee. Also, Ms. Ju Young Park, Scientific Director/ RESEARCH & INNOVATION of L’OREAL KOREA, has been appointed as the new Vice-Chairperson of the Cosmetics Committee. …
On the morning of Feb 27, the ECCK successfully hosted a Tax Forum under the title “Recent Tax Developments and Trends”. The session was led by Maria Chang and Eunhong Lee from Bae, Kim & Lee, providing guidance to foreign invested companies on how to navigate complex tax environment in Korea. Topics included recent tax …
The ECCK is pleased to announce that Mr. Andrew Hongjoong Kim, Director of External Affairs at Mercedes-Benz Korea, has been reappointed as the Chairperson of the ECCK Passenger Vehicles (PV) Committee through a vote by committee members on February 23, 2024. He will serve a two-year term as the Committee Chairperson. We would like …
ECCK is pleased to announce that, Dr. Goyoung Moon, Country Chair of RWE Korea has been re-elected as the Chairperson of the ECCK Energy and Environment Committee. Dr. Moon will serve a two-year term as the Committee Chairperson from February 16, 2024 to February 15, 2026. We would like to sincerely congratulate Dr. Moon and look forward …
On Jan 17, Wednesday, ECCK had a meeting with the National Tax Service, Director of International Tax Division, Jaehoon Bahn and his team. Main agenda of the meeting was highlight of Foreigners’ Year-End Tax Settlement as well as review of ECCK White Paper 2023. ECCK looks forward to continued cooperation with the NTS for fair …