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Tax Tip: Year-end Tax Settlement in South Korea
What is Year-end tax settlement? Year-end tax settlement is a process of finalizing the total amount of income tax to be earned by an...
J&J Korea
Jan 18, 20221 min read


Basic Guide to Corporate Income Tax in South Korea
Corporate tax is an income tax imposed on corporations. Taxpayer and Taxable Income Domestic corporations and foreign corporations who...
J&J Korea
Jan 17, 20221 min read


VAT Rate 2022: Are Korea VAT rates increasing this year?
Value Added Tax (VAT) is a tax that is reported and paid for added value acquired in the process of providing goods and services* and...
J&J Korea
Jan 13, 20222 min read


Obligation to Issue a Tax Invoice
All corporations must issue a tax invoice when supplying goods or services, which can be issued through Hometax; a website of the NTS.
J&J Korea
Jan 5, 20221 min read


Korea's Important Tax Schedule
Tax season in Korea is January - April so it is important to be proactive to ensure the highest standards of quality for your taxes,
J&J Korea
Jan 3, 20222 min read


Income Tax in Korea for Foreigners: A Comprehensive Overview
South Korea, known for its dynamic culture and rapid economic growth, has become a beacon for professionals and entrepreneurs worldwide....
J&J Korea
Oct 24, 20214 min read
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