"Global Minimum Tax Response" Samil PwC Conducts 'Visiting Seminar'

Applications open from the 22nd... 1-on-1 seminars considering industry and situation
Experts visit companies directly... Impact analysis and response strategy development

Samil PwC announced on the 22nd that experts will visit applicant companies to analyze the impact of the global minimum tax and establish response strategies through one-on-one customized seminars. The application period is from the 22nd to March 29th. Companies wishing to attend the seminar can apply regardless of size or industry on the Samil PwC website.

The global minimum tax is a system that allows other countries to impose taxes on the difference if an effective tax rate lower than 15% is applied in a specific country. The target applies to multinational corporations with consolidated financial statement sales of 750 million euros (approximately 1 trillion won) or more in at least two of the last four fiscal years. Since it will be reflected in financial statements starting this year, disclosure of related information is required. Target companies must prepare for the introduction of the system by understanding complex regulations and systematically managing information collected from overseas subsidiaries, among other tasks.

Lee Jung-hyun, head of the Tax Advisory Division at Samil PwC, said, “The global minimum tax system is unfamiliar and quite complex, and many domestic target companies have not prepared proactively for its introduction,” adding, “We hope this customized seminar will provide practical help to domestic companies.”

Kim Ju-deok, partner and head of the Global Minimum Tax dedicated team at Samil PwC, said, “Over the past two years, we have conducted numerous trainings and seminars for all clients, but large seminars had limitations in providing roadmaps considering the industry and individual company situations,” and added, “We will leverage Samil’s proprietary global minimum tax solution (GloBE Tax Simulator) and consulting expertise to support companies’ responses.”

This content was produced with the assistance of AI translation services.