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

If you’ve received a preliminary income tax notice (중간예납안내문) and a payment notice in Korea, it generally requires you to pay half of the...

Korea's tax system can be confusing, especially for expat taxpayers. One common question revolves around the fluctuating tax payments and...

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

* Please check the above details in your area when you do your business. Today, we'll delve into the tax-related matters concerning...

Understanding Korean VAT: Electronic vs. Paper Tax Invoices If you're an expat business owner in Korea, navigating the tax landscape can...

Understanding the Value-Added Tax (VAT) Provisional Declaration in Korea Introduction Navigating the Value-Added Tax (VAT) provisional...