Yoon, Sang Beom
Introduction
Sang Beom Yoon is a Partner in the Tax Group at Yulchon LLC. Sang Beom received a B.A. in Business Administration from Seoul National University and a LL.M. from University of Southern California Law School. He became a Certified Public Accountant in 2005 and worked as an accountant at Samil PricewaterhouseCoopers. After passing the National Judicial Examination in 2009, Sang Beom completed the training program at the Judicial Research and Training Institute and worked as a judge advocate for two years at the Seoul High Prosecutors’ Office where he was responsible for controlling tax administration litigations for the Seoul Regional Tax Office and Jungbu Regional Tax Office. Sang Beom now specializes in Tax Consulting, Tax Litigation and Tax Crimes in the Tax Group at Yulchon LLC.
- 2021 LL.M., University of Southern California Law School
- 2012 Judicial Research and Training Institute, the Supreme Court of Korea
- 2009 Seoul National University, B.A.
- 2015-present Partner, Yulchon LLC
- 2021-present Special Investigation Advisory Committee for Tax Crimes, Seoul Northern District Prosecutors’ Office
- 2013-2015 Public-Service Judge Advocate, Seoul High Prosecutor's Office
- 2012-2013 Public-Service Judge Advocate, Korea Legal Aid Corporation
- 2005-2006 Samil PricewaterhouseCoopers, Seoul
Korean, English
Representative Matters
- 2020 Successfully represented Lotte Group’s affiliate in all of their administrative lawsuits involving requests for cancellation of the corporate withholding tax relating to the acquisition of the shares owned by a foreign private equity fund
- 2019 Successfully represented Hanwha Group’s affiliate in all of their cases involving requests for cancellation of the corporate tax and VAT assessments relating to a qualified spin-off
- 2019 Successfully represented Hanwha Group’s affiliate in all of their criminal cases involving alleged violations of the Act on the Aggravated Punishment of Specific Crimes (evasion of corporate tax and VAT) in relation to a qualified spin-off (no charge filed)
- 2019 Won all administrative lawsuits involving requests for cancellation of the corporate tax and VAT assessments relating to interposition of affiliate entities
- 2019 Successfully represented the Korea Sports Promotion Foundation in all of their administrative lawsuits involving requests for cancellation of various VAT assessments issued as a result of a tax audit
- 2019 Successfully represented the CEO of S Group in all of the administrative lawsuits involving requests for cancellation of the rejection of (stock valuation) inheritance tax reassessment
- 2019 Successfully represented the CEO of S Group in all of the lawsuits seeking refunds of the additional amounts paid with respect to the inheritance tax installments
- 2019 Successfully represented SNT’s affiliate in all of the civil lawsuits concerning disputes over the payment for a M&A transaction
- 2019 Successfully represented a Korean national soccer player in all of the administrative lawsuits involving requests for cancellation of the income tax assessment which related to the issue of tax residence (accepted the case at the Supreme Court level; the case was reversed and remanded)
- 2018 Successfully represented (obtained acquittal) the CEO of a foreign corporation who allegedly violated the Act on the Aggravated Punishment of Specific Crimes (gift tax evasion)
Awards/Recognition
- 2015 Award, Seoul Bar Association
News/Publications
The criteria for determining the beneficial owner and substantive owner under Article 12(1) of the Korea-Hungary Tax Treaty, Monthly Tax Journal (2019)
Transfer of unlisted shares between unrelated parties below the market price and imposition of gift tax, Monthly Tax Journal (2018)
Notification of change in income amount & Withholding taxpayer’s request for reassessment, Monthly Tax Journal (2016)
If a property which has been forfeited due to a failure to make payment under a contract subsequently becomes subject to a tax lien – Priority between the person with the right of forfeiture and the person with the right to the tax lien, Monthly Tax Journal (2016)
Valuation standards & Denial of wrongful act and calculation – Shares of a company that has been newly established as a result of a vertical spin-off and has been in existence for less than 3 years, Monthly Tax Journal (2015)
The meaning of sales allowance (“ehnoori”) which is excluded from the tax base for VAT, Seoul High Prosecutors’ Office, Litigation Source Book No. 17 (2014)
