Soohyuk Yim focuses his practice on corporate advisory, tax consulting, international estate planning, and wealth management. With dual expertise in Korean and U.S. tax law, he advises on complex cross-border issues, providing integrated legal and tax solutions for clients with business operations or assets in both jurisdictions.
Prior to joining LimNexus, Mr. Yim practiced for 15 years at Lee & Ko, one of the leading law firms in Korea, where he advised clients on a wide range of matters, including corporate transactions, securities, finance, and tax issues. He also represented clients in various disputes, including high-stakes commercial litigation and tax controversies before courts and administrative bodies.
Representative Matters
- Represented major Korean and multinational corporations in multiple tax matters involving corporate income tax assessments related to qualified spin-offs, intercompany loans, and deemed constructive transactions.
- Handled cross-border tax disputes regarding foreign tax credits, software and trademark royalties, and the taxation of unregistered intellectual property.
- Advised high-net-worth individuals on estate and gift tax issues, including wealth transfers through corporate entities, application of comprehensive gift rules, and identification of undisclosed inheritance assets.
- Advised on and litigated claims involving the seizure of offshore financial accounts of delinquent taxpayers.
Bar Admissions
- California
- New York
- Republic of Korea
Published Works
- A Study on the Burden of Proof in Taxation of Income Outflowing From Corporations – Focusing on Omission of Sales and Fictitious Expenses, Special Law Journal, Vol. 16, Supreme Court of Korea, 2018
- Tax Deduction Treatment of Expenditures by Nonprofit Entities That Also Serve a Business Expense Function, Case Note, Korea Tax Daily, 2022
- Annotated Commentary on Restriction of Special Taxation Act, Co-author, LawnB Online Commentary Series, Thomson Reuters, 2022
- One Hundred Leading Tax Cases (3rd Edition), Co-author, Korean Tax Law Association, 2024
Professional Associations and Memberships
- California Bar Association, Member
- New York Bar Association, Member
- Korean Bar Association, Member
- Korean Tax Law Association, Director
- International Fiscal Association, Senior Advisor
- National Tax Service of Republic of Korea, Taxpayer Protection Committee Member
Awards & Accolades
- Rising Star, Legal Times Korea (2021)
- Future Star, Benchmark Litigation (2024)