The Supreme Court has ruled that income derived from patents used in Korea is subject to Korean taxation, even if the patents are not registered domestically, reaffirming its position that actual use in local industrial activity is sufficient to establish taxation jurisdiction.
In a recent ruling on a case filed by Optodot Corp., a US-based patent holding
Continue Reading on The Korea Herald
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.