About

Provided by Bae, Kim & Lee LLC

BKL’s Tax Practice Group is well-recognized in Korea for its advisory work in all aspects of tax practice including planning and resolution of issues related to financial products, securities, M&A and cross-border transactions. Our tax team is comprised of attorneys and accountants who have advised a wide range of clients on all their most challenging and innovative transactions. They also have significant experience in providing tax planning and consulting services to foreign corporations and financial institutions facing tax issues specific to foreign entities.

For over twenty years, we have been forming tightly integrated teams with members of other practice groups to seamlessly address all the business concerns of clients in addition to tax issues when completing complex transactions. Since tax issues are rarely isolated from other legal issues arising out of our client’s transactions, the expertise and resources of our firm’s other practice groups allow our clients to receive the most cost-efficient and responsive service possible. 

BKL’s tax team has an established history of success in representing clients in administrative, pretrial and court proceedings to dispute national and local tax impositions. As with the tax team’s work on transactional matters, the tax team works closely with the firm’s litigation group to utilize the expertise of both experienced tax lawyers and reputable litigators.

Chambers Review

Provided by Chambers
Tax - South Korea
2
Band 2
What the team is known for

Bae, Kim & Lee is a well-respected law firm in South Korea, regularly acting on both contentious and non-contentious tax matters, including tax audits, litigation and criminal matters. It boasts an impressive track record of representing clients in tax disputes at the Tax Tribunal and has noted strength handling appeals. The team has notable expertise in transfer pricing matters, including advance pricing agreements and mutual agreements. It counts leading multinationals and Korean enterprises among its clients. Its lawyers work in conjunction with the firm's white-collar crime and corporate groups to provide a full-service offering, as well as being involved in advising clients on cryptocurrency-related tax. Its key clients include Celltrion Pharm, ABB AS and Hyundai Mobis.

Work Highlights

Provided by Bae, Kim & Lee LLC
  • Bae, Kim & Lee advised Celltrion Pharm on corporate tax issues arising from its merger with Hanseo Pharm. The firm succeeded in obtaining a cancellation of corporate tax on the grounds that goodwill recorded in the accounting books by Celltrion Pharm could not be regarded as goodwill under the tax law.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers
Seung-Wan Chae
2
Seung-Wan Chae
2
Band 2

Chae Seung-Wan is particularly active advising on tax matters in the Korean market, including those relating to investments, fund establishment, and M&A transactions. He also advises on tax refund requests.

Tae Kyoon Kim
2
Tae Kyoon Kim
2
Band 2

Kim Tae Kyoon is a notable name in South Korea's tax space, often advising clients on APA applications and corporate tax matters.

"He has deep experience, and is active in the market."

Cheolhyung Yu
3
Cheolhyung Yu
3
Band 3

Yu Cheolhyung represents Korean and international clients in disputes and administrative tax matters, including requests for refund of withholding tax. Her clientele includes entities in the financial services and technology companies.

Il Young Cho
3
Il Young Cho
3
Band 3

Cho Il Young is known for her experience in tax litigation. She is also involved in customs matters and covers both Korean and international mandates.

3
Maria Chang
3
Band 3

Maria Chang is known for her work in international tax matters. She regularly advises on corporate tax and investment-related matters.

"She is well known among foreign clients."

Seog Kyoo Kang
3
Seog Kyoo Kang
3
Band 3

Kang Seog Kyoo enters the ranking table this year following market recognition of his long-standing expertise. He has considerable expertise undertaking various tax litigation cases concerning corporate tax and VAT issues, thanks to his extensive experience in the judiciary. He advises Korean and foreign entities.

Ranked Lawyers at
Bae, Kim & Lee LLC

Provided by Chambers
Filter by
Band

South Korea

Tax

Cheolhyung Yu
3
Cheolhyung Yu
3
Band 3
Il Young Cho
3
Il Young Cho
3
Band 3
3
Maria Chang
3
Band 3
Seog Kyoo Kang
3
Seog Kyoo Kang
3
Band 3
Tax: Consultants

Seung-Wan Chae
2
Seung-Wan Chae
2
Band 2
Tae Kyoon Kim
2
Tae Kyoon Kim
2
Band 2

Members

Provided by Bae, Kim & Lee LLC

Dong Hyun Kim

Gyu Chan Shim

Seog Kyoo Kang

Head of Department

Seong Jun Joo

Seungho Kim

Wu Cheol Song