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Shin & Kim Launches a New Task Force to Advise on Economic Democracy Issues

With an increasing demand from various businesses and economic groups for legal advice relating to the new presidential administration’s ‘economic democracy’ policy, Shin & Kim has launched a special task force consisting of twenty tax and antitrust attorneys, accountants, tax accountants and advisers.


The demand for legal advice concerning economic democracy-related issues is expected to increase with the impending end-of-July deadline for payment of gift taxes with respect to consolidated related-party transactions of controlling shareholders, requiring close cooperation across multiple practice areas including antitrust, corporate law, taxation, and criminal justice. The members of Shin & Kim’s special task force consist of attorneys, accountants and advisers who have significant experience in government policy decisions and regulatory issues and have in-depth, expert knowledge to bring to play in providing a broad range of legal services relating to the economic democracy policy and its implementation.

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