South Korea Orders Netflix to Clear $72 Million in Unpaid Tax; Streaming Company to Appeal

South Korea Orders Netflix to Clear $72 Million in Unpaid Tax; Streaming Company to Appeal

Ibtimes·2021-06-17 07:00

Lately, Netflix Korea has been in news for encouraging more Korean original content on its streaming website. But the latest news is that the streaming website has been pulled up by the National Tax Service of Korea for not paying the tax which is due. The nation's tax department stated that Netflix is yet to pay millions in tax to the Korean government, to which the streaming website replied that it will appeal the issue for review.

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