Deja vu

Where do the Korean tax authorities get all their investigators from? They’ve just been throwing resources at trying to get money out of Lone Star, and now they’ve descended en masse on Carrefour. Is this a bit of anti-foreign politicking? Or are there genuine concerns that Carrefour have been trying to avoid tax? Heavy-handed investigations aren’t going to do much for foreign investor sentiment unless the authorities can show that there’s been some genuine wrong-doing.

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