2019 FY, 1st Quarter VAT Return



Around 920,000 corporations need to file and pay the 1st quarter VAT return and 2,040,000 sole proprietors need to pay the interim VAT by the 25th of April.


Sole proprietors can file if the sales revenue reduces more than 33% or want to VAT refund earlier when there was a fixed asset investment for an example, otherwise need to pay the half of the amount filed on the Jan. 25, 2019.


 You can pay the VAT by a credit card(0.8% fee will be added) or check card(0.5% fee will be applicable) for your information.


Any questions, please send me an email to jz@taxjz.com


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Joseph SY Zoh

CPA, California, a member of AICPA  |  Jz Associates/Tax Accounting Firm Hae-An

F:+82-31-273-5078  |  Skype: joezoh  |  Email: jz@taxjz.com

Web : www.taxjz.com  |  Blogs: www.koreantaxblog.com

Korean Tax Blog

since 1981-
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