Korean Tax Blog

How to prepare for the year-end tax settlement in 2023 The year-end tax settlement is a process of recalculating your income and tax...

I got a lot of questions regarding how many financial statements to liquidate an entity. Practically, two financial statements are...

The dissolution of a company refers to the legal fact or requirement that extinguishes the corporate entity. When a company dissolves,...

The Significance of Dissolution The dissolution of a company refers to the legal fact or requirement that extinguishes the corporate...

1. Overview The dissolution of a corporation refers to the legal conditions under which the company loses its legal capacity. Dissolution...

*www.hometax.go.kr In 2023, NTS introduced several important changes to its year-end tax settlement for salaried taxpayers, impacting...

The "Peace of Mind Inheritance One-Stop Service," also known as "안심상속 원스톱서비스" in Korean, is a comprehensive service that facilitates the...

The National Tax Service Korea announced that it had sent interim prepayment notices for comprehensive income tax to 1.52 million...

Introduction to National Pension in Korea Background The National Pension in Korea is a cornerstone of the country's social security...

Introduction to Retirement Allowance in Korea What is Retirement Allowance? Hey there! Are you curious about retirement allowance in...