News list for " tax suit"

On August 20, the Seoul High Court overturned the first-instance judgment and ruled that Bithumb won the case. The case originated in 2019, when tax authorities imposed a corporate tax of 180 million won (about $134,000) on Bithumb for changing its method of evaluating virtual assets, which was later reduced to about 130 million won. The 2nd-round Moderation Court held that there were no clear accounting regulations at the time, and Bithumb chose the "total average method" to evaluate the legiti...

2024-08-22 08:08:32