Yeonggwang-gun Imposes and Notifies 161.49 Million Won in Regular Registration License Tax

[Yeonggwang=Asia Economy Honam Reporting Headquarters Reporter Lee Jeonseong] Jeollanam-do Yeonggwang-gun (Governor Kim Junsung) announced on the 11th that it imposed and notified 161.49 million won on 11,810 cases of the 2021 regular registration license tax (license portion).

The regular registration license tax (license portion) is imposed on individuals or corporations holding licenses as of the tax base date, January 1, and the tax amount is classified into types 1 to 5 according to the type and category of the license, ranging from 27,000 won (type 1) to 4,500 won (type 5).

Even if the business has closed, if it closed after January 1, payment must be made up to the current year, and even if the business registration has been reported as closed to the tax office, the license must be canceled at the licensing authority to avoid imposition of the registration license tax (license portion).

The payment deadline is until the 1st of next month, and payment can be made by visiting any bank nationwide or through virtual account transfer, credit card, or Internet Wetax.

A county official said, “We ask that you make sure to pay within the payment deadline to avoid a 3% surcharge penalty after the deadline.”

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