French Supreme Court Holds Korean Pension Fund Not Eligible for Exemption on Dividends

The French Supreme Administrative Court (Conseil d'Etat) recently issued its decision concerning the correct withholding tax treatment for dividends paid by a French company to the Korean National Pension Service (NPS), which is the pension fund in charge of the general Korean old-age insurance scheme. In the tax year 2013, dividends paid to the NPS were initially subject to withholding tax at …
Continue Reading