On March 31, 2020, the Korea Joongang Daily introduced Lee & Ko’s Tax Practice Group as the foremost tax team in Korea, possessing a high level of professionalism and expertise across the spectrum of tax practice areas.
The Korea Joongang Daily stated that in the last 10 years, Lee & Ko has strengthened their Tax Practice Group through the consistent recruitment of prominent tax specialists, including the former Chief Tax Research Judges of the Supreme Court. In this way they have become one of the largest tax teams in the industry with around 90 professionals. It also stated that Lee & Ko’s Tax Practice Group was capable of delivering the highest quality advice in all areas of tax, in a one-stop service that provides complete satisfaction to its clients.
In particular, Korea Joongang Daily discussed a seminal case in which the Lee & Ko Tax Practice Group persuaded the Supreme Court to decide that VAT should not be levied on consumer payments which are made by way of accrued mileage points. The article went on to report that Lee & Ko's Tax Practice Group have become the go-to advisers whenever decisions need to be made by leading clients on important tax issues.