Is my monthly rental charge a deductible expenses to a foreigner?(월세공제)
Nope, it's not a deductible items for your salaried income if you're a alien in Korea. If your salary income was less than 70mil.won,...
Korean Income Tax Rate(소득세율)
Above table is Korean tax rate for Individual income tax as of now, minimum is 6% and 42% is the maximum, the local tax 10% of income tax...
Why you need a check or credit card to save your tax?
For salary income, those check/credit card amount will be a tax deductible expenses with 3mil.won maximum. Once you wiped 13mil.won while...
Global Income Tax Return
I think you may get this NTS letter recently and need to prepare return and pay taxes by the end of May. Most of salaried employee who...
Year-end tax settlement(연말정산)
2017 Year-end tax settlement data at the Hometax will be ready from Jan.15, and you can download all of deductible items there and submit...
Tax Receipts: 근로소득 원천징수영수증
Now you got the tax receipts as below from your employer, then you're not a contractor or 3.3% tax payer, and this is your turn to review...