The American Chamber of Commerce in Korea, a group so constantly harassed that it no longer loses its temper easily, last week uttered a cry of rage. In a bitter telegram to the U.S. Chamber of Commerce in Washington, it said that some 40 U.S. businessmen have been denied exit visas, and are "held as individual hostages" by the South Korean government until heavy new corporate taxes are paid. Some companies "have been notified of ROK intent to seal offices and impound assets" if they fail to pay "exorbitant sums labeled tax,...
To continue reading:
or
Log-In
