Toefl's Korea branch faces tax probe

[Francis Hult]

JoongAng Daily

 

Toefl's Korea branch faces tax probe

 

Korea's tax agency is examining whether it can impose a corporate tax on income earned by U.S.-based Educational Testing Service for fees it collects for the Test of English as a Foreign Language in Korea.

Koreans pay $170 for each Toefl test. Last year, 125,655 people took the test in Korea, bringing ETS $21.36 million in income.

 

Full story:

http://joongangdaily.joins.com/article/view.asp?aid=2912159

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