Korean Tax Blog

I still got emails for this subject, you can apply for Rent deductions if you paid it by yourself. Actually you can apply for the...

NTS(National Tax Services) expecting around 7.3mil. taxpayers are filing the above income tax return by the 31st of May for 2018FY...

Any lay-off could be assumed as an unfair dismissal if it's done without a written notice(walking papers). And once it's judged by the...

According to the Korean standard labor law, an employer need to pay the retirement allowance to an employee(free lancer, independent...

Recently a court recognized English teacher(E-2 Visa Holder) at a private Hagwon as employees entitled to retirement allowance, rejecting...

In the United States, people can prepare tax returns without the need of a license. In which case an EA (Enrolled Agent) and a CPA...

Many expats have recently come to me with questions about the Individual Income Tax as they prepared their Year-end Settlement documents...

Around eight million sole proprietors are preparing the Global Income Tax Return in May. Are you? A lot of expats who are working in a...

Many multinational companies in Korea do not include their payroll schedule in non-taxable income based on Korean tax laws. These...