DEPARTMENT PROFILE

Yoon & Yang LLC

Tax

1 ranked lawyersBand 3South KoreaAsia-Pacific 2021 View ranking table
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ranked lawyers
chambers review
department information
ranked lawyers

Chambers Review

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What the team is known for

Well-respected player, advising leading Korean and inbound clients on the full range of contentious, non-contentious and regulatory taxation issues. Especially noted for its handling of tax litigation, as well as possessing significant expertise in transfer pricing issues, customs duty and audits. Represents clients from a wide range of sectors, including real estate, energy, transportation and finance. Experience advising on inheritance tax.

Strengths

A client appreciates that the "performance is efficient and timely."

Work highlights

Advised Nestlé Korea on requirements for exemption from value-added tax in relation to powdered milk.

Notable practitioners

Seung Soon Lim is described by observers as "a pioneer of tax practice." He has particular expertise in tax litigation involving cancellations. He also has expertise in family business succession.

Department Information

This content is provided by Yoon & Yang LLC.

Overview

Yoon & Yang’s Tax Practice Group is comprised of the most qualified professionals with depth of knowledge and decades of experience to provide the highest quality services for diverse tax issues. The Group includes a number of former judges with tax expertise at different levels of courts including the Supreme Court as well as former Commissioner of the National Tax Service and other former high-ranking officials. The Group provides all areas of the tax practices including tax compliance, general tax advice, tax audit, international taxation, customs, tax litigation and disputes to domestic and foreign clients. In particular, the Tax Practice Group provides comprehensive one-stop tax and legal services from tax litigation and disputes, which have been the competitive area of practice performed by Yoon & Yang, through tax advice on the currently controversial areas in the global tax environment including the cryptocurrency and BEPS legislation.

Yoon & Yang’s Tax Practice Group has been widely recognized in the market for its professionalism, achievement, and competence. Following is the brief list of third party recognition of Yoon & Yang’s Tax Practice Group:

  • “South Korea Tax Firm of the Year”, “South Korea Transfer Pricing Firm of the Year” and “Regional Impact Case of the Year” (International Tax Review Tax Awards 2019)

Members

Jeong, Jae-Woong (Head of Department)

Jeon, Oh-Young

Jeon, Wankyu

Jung, Jong Hwa

Kang, Chan

Kim, Yong Taek

Lee, Jin Seok

Lee, Kyungjin

Lim, Seung Soon

Oh, Tae Hwan

Park, Jeongsu

Clients

British American Tobacco Korea Ltd.

First Abu Dhabi Bank

Hanjin Heavy Industries & Construction Co., Ltd.

Hydis Technologies Co., Ltd. (Taiwanese company)

Hyundai Motor Company

Incheon Port Authority

Kodak Korea Limited

Korea Hydro & Nuclear Power Co., Ltd.

Korea Midland Power Co., Ltd.

KTN Co., Ltd.

Nestle Korea Ltd.

Pizza Hut Korea

Samsung Electronics Service Co., Ltd.

SK Hynix Inc.

Tax Department

Yoon & Yang LLC

firm
Department location

18/19/22/23/34th Fl. ASEM Tower

517 Yeoungdong-daero

Gangnam-gu

Seoul

Seoul

South Korea

06164

View Firm Profile

Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

South Korea

Tax


Seung Soon Lim
Senior Statespeople