Extension of Withholding Tax Payment Deadline to Tomorrow Due to System Outage... No Additional Penalty

[Sejong=Asia Economy Reporter Kim Hyunjung] On the 10th, the deadline for semi-annual withholding tax payment, some parts of the national tax payment system were not accessible normally, so the government decided to extend the payment deadline without penalty until the 12th.

According to the National Tax Service on the 11th, a system failure occurred in the Ministry of Strategy and Finance's budget accounting system (D-Brain) the previous day, and to prevent disadvantages due to delayed payment, the payment deadline has been extended until the 12th.

The National Tax Service explained in a press release, "Due to the D-Brain system failure, national tax payments were not smooth, but now normal payment is possible," and added, "Taxpayers who could not pay by the deadline will not be charged a 3% penalty if they pay by the 12th."

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