Coupang's US HQ transactions under fire for tax evasion... National Tax Service launches full-scale probe
Over 150 agents from the Seoul Regional Tax Office deployed... Bureau 4 and International Tax Investigation Bureau on the move
National Tax Service launches special tax audit on Coupang CFS
The National Tax Service (NTS) has launched a special tax audit into Coupang Fulfillment Services (CFS), the subsidiary managing Coupang’s logistics centers. On the 22nd, agents from the Seoul Regional Tax Office’s Bureau 4 were sent to the CFS headquarters in Songpa-gu, Seoul, to secure accounting records and data. Bureau 4 is a specialized unit dedicated to handling high-profile special tax investigations. It has not yet been confirmed what specific tax evasion suspicions triggered this investigation.
"Netizens are grabbing popcorn as the 'Reapers' of the tax world (Bureau 4) move in on Coupang. Many feel the CEO brought this on himself by repeatedly dodging government summons, and they're waiting to see if 'flexing' on the state leads to a total meltdown."
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