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The Asia Business Daily
asiae.co.kr > en > article > 2026061514540340172

"Insurance Commissions Paid to Agents of Other Companies Not Recognized as Deductible Expenses"

2+ mon, 4+ week ago   (253+ words) Published 15 Jun.2026 15:10(KST) The Supreme Court has ruled that commissions paid by insurance agencies to insurance agents belonging to other companies, or to individuals not registered as insurance agents, cannot be recognized as deductible expenses under the Corporate Tax Act....