Fila Holdings, National Tax Service Penalty Reduced from 60.2 Billion KRW to 20.2 Billion KRW
[Asia Economy Reporter Lee Seung-jin] FILA Holdings has significantly reduced the tax surcharge amount from 60 billion KRW to 20 billion KRW.
According to the Financial Supervisory Service's electronic disclosure on the 12th, the surcharge of 60.2 billion KRW imposed by the National Tax Service in January was adjusted to 20.2 billion KRW.
Previously, FILA Holdings was imposed a surcharge of approximately 60.2 billion KRW related to corporate tax and other tax investigations by the Seoul Regional Tax Office. FILA Holdings subsequently reduced the surcharge to about one-third through a pre-assessment review. The pre-assessment review is a system where the tax authorities notify the taxpayer of the taxable content before issuing the tax notice, allowing the taxpayer to raise objections if there are grounds for dispute.
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Going forward, FILA Holdings plans to pay the adjusted amount within the legal deadline after receiving the payment notice reflecting the review results. However, the company intends to actively respond to some disputed items among the remaining amounts.
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