Court Orders S. Korea to Cancel 68.7b Won Tax on Netflix: Yonhap

Netflix’s Korea unit partially wins a lawsuit against South Korea’s tax authorities, Yonhap News reports, citing Seoul Administrative Court.

• Court orders National Tax Service to cancel 68.7b won in tax imposed on Netflix Services Korea
• Netflix Korea filed a lawsuit in 2023 seeking to nullify 76.2b won in tax

To contact the reporter on this story:
Shinhye Kang in Seoul at skang24@bloomberg.net

To contact the editors responsible for this story:
Go Onomitsu at gonomitsu@bloomberg.net

Myungshin Cho

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