On June 29, the ECCK hosted a tax forum on the update on Tax Amendments 2021 in partnership with KPMG Korea. Focusing on recent updates with regard to general tax, TP, and Customs matters in Korea, the session covered recent BEPS developments especially in relation to the two pillars which may have an impact on the tax legislation going forward, how the BEPS action plans and the recent amendments to the tax legislation are affecting companies in practice, and provided an overview on customs verification audits and practical implications to consider. KPMG Korea Tax Partners Tai-Joon Kim, Tai-joo Kim and Yu-jin Suh led the discussion and provided further updates and observations since the 2021 Tax Amendments. We would like to thank KPMG Korea for this informative session. Also, ECCK Tax forum is open to all executives or personnel of member companies related to taxation matters and we are looking forward to providing helpful insight at the next event. *This event was held under the strict COVID-19 preventive measures.