Owner of Oriental Brewery pays 150bn won in back taxes
Seoul - Yonhap
Malt Holding Co., the foreign private equity fund that owns South Korea's Oriental Brewery Co., paid 150 billion won (US$141.5 million) in back taxes last month on a dividend of 700 billion won over the past three years, industry sources said Thursday. According to the sources, Malt Holding paid the ordered amount but filed a complaint early this month with the National Tax Tribunal against South Korea's decision.
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