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South Korean government to levy Google tax. (Photo  by Mark Wilson/Getty Images)

Jan 31, 2016 PM EST - Diana Tomale

Korean Government To Levy Google Tax To Stop Tax Avoidance

South Korean government is planning to impose Google tax among multinational firms to stop tax avoidance.

Google sign (Photo by Adam Berry | Getty Images)

Nov 03, 2015 PM EST - Czarelli Tuason

South Korea To Implement ‘Google Tax’ In Order To Collect Profit Share From International Companies

The U.K. has implemented a diverted profits tax known as the "Google Tax" that aims to impose a levy on compnay profits that are cleverly keeping their profits away from the governement and South Korea is seeking to adopt the taxation scheme next year.

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