Kwan Yoon, Goodam Holdings LLC, and Hyundam LLC asked a federal court to quash two IRS summonses seeking financial accounts from Yoon and his companies from 2020 to 2024 as part of an investigation into potential Korean tax liabilities.
The petition, filed Thursday in the US District Court for the Northern District of California, argues the IRS failed to properly notify Yoon of the summonses as required and cannot establish a legitimate purpose for the summonses since there is an ongoing dispute over whether Yoon owes taxes in Korea. The filing claims providing the requested records would violate the ...
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