Korean Tax Blog

Beware of Fake Korean Tax Emails About Cryptocurrency “Did you receive an email claiming to be from Korea’s National Tax Service about cryptocurrency taxes?” Be careful before clicking any links or opening attachments. Korea’s National Tax Service (NTS) has warned taxpayers about phishing emails impersonating the tax authority and referring to virtual asset taxation. Some fraudulent emails have been sent with titles suggesting that the recipient needs to provide information o

Introduction As the year draws to a close, Employers and residents in Korea gear up for a crucial financial event— year-end tax...

In South Korea, according to the National Tax Service (NTS), there are 9.6 million businesses, and 7.4 million of them are...