Seoul court cancels 68.7 billion won in taxes on Netflix Korea
2026.04.28 13:28
The Seoul Administrative Court canceled nearly 70 billion won ($47.5 million) worth of tax imposed on Netflix Korea by the Korean tax authorities.
The court delivered a partial ruling in favor of Netflix Korea at 11 a.m. Tuesday, ordering the cancellation of 68.7 billion won out of a total 76.2 billion won in disputed corporate taxes.
The lawsuit was filed by Netflix Korea against the head of the National Tax Service’s Jongno District Office and others, seeking the cancellation of corporate tax and related impositions.
The National Tax Service imposed taxes worth about 80 billion won on Netflix Korea in 2021 following a tax audit. The amount was later reduced to 78 billion won through the Tax Tribunal. However, Netflix Korea filed a lawsuit in November 2023 in opposition to the decision.
This article was originally written in Korean and translated by a bilingual reporter with the help of generative AI tools. It was then edited by a native English-speaking editor. All AI-assisted translations are reviewed and refined by our newsroom.
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