Diageo Faces a [Pounds]106m South Korean Tax Bill ; Consumer

Summary


DRINKS giant Diageo has been told to pay 206.4 billion won ([pounds]105.9 million) in unpaid tax in South Korea.

It under reported the value of imported liquor, said a customs official. Diageo, which can appeal the order, said the notification was only a "preliminary audit assessment notice".

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Extract


Diageo Faces a [Pounds]106m South Korean Tax Bill ; Consumer

Diageo's Johnnie Walker is the m...

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