Year-End Tax Settlement Done with 'Kakao Certificate'

[Asia Economy Reporter Bu Aeri] Starting January next year, year-end tax settlement will be possible with the Kakao Certificate.

On the 21st, Kakao announced that it had been selected as a pilot operator for electronic signatures in the public sector by the Ministry of the Interior and Safety. Kakao and the Ministry of the Interior and Safety signed a "Business Agreement for the Expansion of Electronic Signatures in the Public Sector" and agreed to work together to promote the spread and use of electronic signatures.

From January next year, users will be able to easily and quickly use the simplified year-end tax settlement service on the National Tax Service Hometax with the Kakao Certificate in the KakaoTalk Wallet, the issuance service of resident registration copies for year-end tax settlement on Government24, and the online public participation portal "Gukmin Sinmungo" of the Anti-Corruption and Civil Rights Commission.

The KakaoTalk Wallet can be accessed from the More tab after updating to the latest version of KakaoTalk. KakaoTalk users can create a wallet after agreeing to the terms and completing identity verification procedures.

Users who have created a KakaoTalk Wallet and completed secondary authentication can select "KakaoTalk" on the simple signature login screens of Government24, Gukmin Sinmungo, and Hometax year-end tax settlement simplified service, and use the sites by entering a 6-digit password or using biometric authentication on their smartphones.

The Ministry of the Interior and Safety started a pilot project to introduce private electronic signatures on major public websites in September to allow citizens to experience the changes brought by the amendment of the Electronic Signature Act early. Ultimately, a total of five operators, including Kakao, were selected as pilot operators, and private electronic signatures will be introduced sequentially to three services starting January 2021.

Yeo Min-su, Co-CEO of Kakao, said, "We expect that many citizens will experience the convenience of the Kakao Certificate contained in the KakaoTalk Wallet through this pilot project," and added, "We will provide various identity and qualification verifications so that people can easily and safely verify their identity and qualifications via mobile in the future."

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