TaxCorporate TaxDrinks giant Diageo faces tax investigation

Drinks giant Diageo faces tax investigation

Inquiry into tax affairs of global drinks giant by South Korean government puts its liquor licence under threat

The world’s biggest drinks group Diageo could lose its liquor licence in
South Korea as a result of an inquiry into its tax affairs, according to
reports.

An investigation into the drinks industry has been launched by the Korean
government, looking at issues such as stockpiling and tax arrears.

Diageo had previously admitted to being under investigation but had stated it
was not linked to tax issues, reported The Times.

Read The Times’
story
here

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