3.8 Million Resident Tax (Individual) Notices Sent, 22.7 Billion KRW Disbursed
Guro-gu Has the Highest Foreign Resident Tax Imposition
Corporations and Individual Businesses Must Self-Report and Pay from August 1 to 31
Business Location Tax Changed from Notice Payment to Self-Reporting This Year

On the 9th, ahead of the 76th Liberation Day, a photo of the "Liberation Army Uniform" is displayed on the outer wall of the Seoul Library in front of Seoul City Hall. This uniform is the only Liberation Army uniform remaining in Korea and is registered as National Cultural Heritage No. 460. It is held by the Army Museum and was reportedly discovered in a safe on the 4th floor of Seoul City Hall on January 13, 1972. The city plans to consecutively display a total of three Liberation Day commemorative banners on the wall around Liberation Day. Photo by Moon Honam munonam@

On the 9th, ahead of the 76th Liberation Day, a photo of the "Liberation Army Uniform" is displayed on the outer wall of the Seoul Library in front of Seoul City Hall. This uniform is the only Liberation Army uniform remaining in Korea and is registered as National Cultural Heritage No. 460. It is held by the Army Museum and was reportedly discovered in a safe on the 4th floor of Seoul City Hall on January 13, 1972. The city plans to consecutively display a total of three Liberation Day commemorative banners on the wall around Liberation Day. Photo by Moon Honam munonam@

View original image



[Asia Economy Reporter Han Jinju] The Seoul Metropolitan Government has sent out the 2021 resident tax bills. The resident tax imposed this time amounts to 3.8 million cases and 22.7 billion KRW.


On the 12th, Seoul announced that it has sent the 2021 resident tax (individual portion) bills to household heads residing in Seoul and foreigners who have stayed for more than one year, guiding them to pay by the 31st of this month.


The resident tax (individual portion) is imposed based on the address as of July 1, and the payment amount per household is 6,000 KRW. This amount includes 4,800 KRW for resident tax and 1,200 KRW for local education tax.


By autonomous district, Songpa-gu, which has the largest population (252,964 cases), had the highest amount at 1.5 billion KRW, while Jung-gu, with the smallest population (55,385 cases), had the lowest at 330 million KRW.


The resident tax imposed on foreigners totaled 127,974 cases. Guro-gu (15,928 cases) had the highest number, followed by Yeongdeungpo-gu (12,234 cases) and Geumcheon-gu (11,222 cases).


Looking at the resident tax imposition status by nationality of foreigners, China (88,075 cases) was the highest. ▲English-speaking countries 29,941 cases ▲Vietnam 4,906 cases ▲Japan 1,726 cases ▲Mongolia 1,486 cases ▲India 673 cases ▲France 632 cases ▲Germany 535 cases, in that order.


Seoul City "Pay Resident Tax by August 31" View original image


With the revision of the Local Tax Act, the resident tax (equal portion) paid by corporations and individual businesses has been integrated with the resident tax (property portion). From this year, the tax item name has been changed to resident tax (business place portion), and the payment method has changed from bill payment to self-report payment.


This year, the resident tax business place portion totals 776,973 cases and 63.9 billion KRW. To facilitate taxpayer convenience, Seoul sent out the resident tax business place portion payment slips by mail earlier this month. If the amount on the payment slip sent by Seoul matches the amount to be reported, payment using the mailed slip without a separate report will be considered as self-report payment.


Resident tax can be paid via ▲Seoul ETAX ▲Seoul STAX (Seoul tax payment app) ▲simple payment apps (KakaoPay, Naver Pay, Payco, Shinhan PayFAN). It can also be paid through paper bills, QR codes, dedicated accounts, bank ATMs, or unmanned payment machines.



Cheon Myeong-cheol, head of the Seoul Tax Department, said, "The resident tax individual portion is a tax imposed on household heads residing in Seoul. Since the number of taxpayers reaches 3.8 million, accounting for 39.6% of Seoul’s population, we urge everyone to make sure to pay by August 31."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing