Gift Tax for BitCoin
I heard that the government delayed taxation on Bitcoin by one year. I'm going to give Bitcoin as a gift to my friend who usually gives...
Mandatory issuance of e-Tax invoices
From July 1, 2022, the subject of mandatory electronic tax invoice issuance will be expanded. As of 2021, the total amount of taxation...
Tax to Transfer Gains of Coins
I have a lot of email regarding the Coin taxes in Korea, so this can be some help for you~ 1. Corp. income tax In the case of...
Deductions for Monthly Rent
From 2021FY, NTS decide that you foreigners can claim this deductions from your salary income during your year-end settlement process....
VAT Return by Apr. 26
NTS(National Tax Service) announced their plan for the 1st quarter VAT return under the pandemic situation to help a small entities. Last...
Global Income Tax Return in Korea(종합소득세)
Residents who earned income in Korea need to file the captioned return by the end of May, you can visit a tax office near you with your...
Inheritance Tax
there is a inheritance tax for successors in Korea and must file it in 6 months if one of successors were a resident in Korea. But if...
VAT Return for the 2nd half of 2020 FY
NTS(National Tax Services) announced on Jan. 6 to delay the due date for a month for every "Sole-proprietorships" due to the pandemic...
Check Tax Refund
There is around 130mil. U$ is sleeping on the NTS account for tax refund as of May 2020. A lot of E-2 visa holder left back home without...
사업장현황신고, Workplace Status Report
Every VAT exempt sole-proprietorships need to file the above captioned report by the 10th of Feb. 2021. Usually Hagwon owner, hospital,...
