Gwangjin-gu Urges Submission of Special Withholding Tax Statements for Corporate Local Income Tax

2019 Special Tax Withholding Statement Submission by March 2... Submit Online via Wetax or Etax, or Visit District Office Tax Division 2 in Person

[Asia Economy Reporter Jongil Park] Gwangjin-gu (District Mayor Kim Seon-gap) has requested the submission of the corporate local income tax special withholding statement by March 2.

The special withholding statement is used for verifying the pre-paid tax amount during the final report and payment of the 2019 corporate local income tax and for the adjustment of special withholding tax amounts between local governments.

The submission target refers to those obligated to special withholding of corporate local income tax who, in 2019, withheld and reported 10% of the corporate tax withholding amount when paying interest and dividend income to domestic corporations and foreign corporations with domestic business establishments.

Submission methods include accessing the Wetax or Etax websites to submit online, or visiting the Gwangjin-gu Office Tax Division 2 in person to submit via storage media (CD, USB, etc.) or in writing.

For more details, check the notices on the Wetax or Etax websites or contact the Gwangjin-gu Office Tax Division 2 (☎450-1493).

Kim Seon-gap, Mayor of Gwangjin-gu, said, "Failure to submit the special withholding statement may cause issues in verifying pre-paid tax amounts and refund processing for the final corporate local income tax report. We ask taxpayers to accurately complete and submit it within the deadline for their convenience."

This content was produced with the assistance of AI translation services.