Ulleung-gun, Guidance on Filing and Payment of Comprehensive Income Tax and Individual Local Income Tax
Ulleung-gun, Gyeongbuk Province, announced that May is the month for filing and paying comprehensive income tax and individual local income tax, and urged taxpayers to file and pay by the end of this month, May 31.
Filing methods include electronic filing, mobile filing, and in-person filing.
For electronic filing, access Hometax on a PC, complete and submit the comprehensive income tax return, then move to 'View Filing Details' and click 'Move to Local Income Tax Filing' to connect to WETAX, where you can conveniently file the individual local income tax related to comprehensive income tax.
For mobile filing, after filing comprehensive income tax through the Hometax app, click 'Move to Individual Local Income Tax Filing' to file via WETAX.
This year, the payment deadline for comprehensive income tax and individual local income tax is extended to August 31 for exporters and taxpayers residing in areas declared as special disaster zones due to nationwide wildfires. However, the filing deadline remains May 31, and filings must be submitted within this period.
Hot Picks Today
If They Fail Next Year, Bonus Drops to 97 Million Won... A Closer Look at Samsung Electronics DS Division’s 600M vs 460M vs 160M Performance Bonuses
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- Unable to Find Jeonse, Renters Pushed to Monthly Rent... Seoul Apartment and Villa Price Indices Hit Record Highs [Real Estate AtoZ]
- Room Prices Soar from 60,000 to 760,000 Won and Sudden Cancellations: "We Won't Even Buy Water in Busan" — BTS Fans Outraged
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
For small-scale business operators subject to the simplified expense ratio and all-fill targets, comprehensive income tax can be filed via ARS phone service following the instructions sent by the National Tax Service without a separate visit. For individual local income tax on comprehensive income, if the tax amount indicated in the all-fill notice is paid via virtual account, it is recognized as having been filed without a separate declaration.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.