Jangseong-gun Imposes 137 Million Won in Regular Registration License Tax

[Jangseong=Asia Economy Honam Reporting Headquarters Reporter Jo Hangyu] Jangseong-gun, Jeollanam-do imposed 13.7 million KRW in regular registration license tax on 7,144 cases this year.

According to the county on the 18th, the regular registration license tax is a local tax imposed on license holders subject to taxation as of January 1st in accordance with the law.

Jangseong-gun Office Building Exterior
[Photo by Jangseong-gun]

The subjects are individuals or corporations holding licenses without a set validity period or exceeding one year, and the tax is differentially imposed by classifying them into 1 to 5 types depending on the type and scale of business.

The payment period is until the 31st of this month, and payment methods include using cash ATMs at financial institutions nationwide without a bill, virtual account internet banking, Wetax, and internet Giro payment.

A county official said, “The registration license tax is the first regular local tax of this year and is an important autonomous resource used for community development. If the deadline passes, additional penalties will be imposed, so please make sure to pay within the deadline.”

For more details, contact the Taxation Team of the Tax Accounting Division at the county office or the local tax officer at the Eup/Myeon Administrative Welfare Center.

Jangseong=Asia Economy Honam Reporting Headquarters Reporter Jo Hangyu baekok@asiae.co.kr

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