Guri-si Initiates Activation of Electronic Filing and Payment for Local Income Tax

Easily File Electronic Reports Using Wetax
Targeting 567 Corporations and Individual Businesses Until January 10 Next Year

The city of Guri, Gyeonggi Province (Mayor Baek Kyung-hyun) announced on the 23rd that it has actively promoted electronic reporting and payment for 567 local corporations and individual businesses that manually pay the special local income tax withholding portion by January 10, 2025.

Guri City Hall view. Provided by Guri City

The special local income tax withholding portion is a tax item where businesses that withhold income tax and corporate tax must voluntarily report and pay 10% of the withheld tax amount to the local city hall by the 10th of the following month.

The special local income tax withholding has a lower rate of electronic reporting and payment compared to other tax items, and many cases involve manual payment. In such cases, payment via virtual accounts or credit cards is not possible, and real-time payment confirmation is difficult, often causing issues such as double payments and erroneous charges.

On the other hand, using electronic reporting and payment can reduce these problems and eliminate the inconvenience of having to visit financial institutions in person to fill out manual payment slips.

The city of Guri sent electronic reporting and payment guidance notices to 567 businesses using manual payment slips and tax/accounting offices within the jurisdiction, and plans to strengthen promotion through various media such as the Guri city website and Saengsaeng News.

A Guri city official stated, “We expect that activating electronic reporting and payment for the special local income tax withholding will enhance taxpayer convenience and further improve administrative work efficiency.”

For more details regarding other local income taxes, contact the Guri City Taxation Division, and for matters related to reporting and payment via WETAX, contact the WETAX call center.

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