Installation of Refund Application Boxes at City and County Vehicle Registration Offices
Convenient Refund Processing Expected to Enhance Taxpayer Convenience

Jeonnam Provincial Government Office Building View

Jeonnam Provincial Government Office Building View

View original image

Jeollanam-do is installing and operating a "Simple Refund Application Box for Prepaid Automobile Tax" at city and county vehicle registration offices and tax departments, allowing residents to receive automobile tax refunds quickly and conveniently.


According to Jeollanam-do on the 10th, previously, taxpayers had to apply for refunds by phone, in person, or through Wetax to the relevant city or county office, or tax departments had to identify vehicle transfers or cancellations, which could take up to two months or more for the refund to be processed. However, with the new application box, immediate confirmation and processing are possible, and the refund period is expected to be significantly shortened to within one week.


If you have prepaid your automobile tax but become eligible for a refund due to vehicle ownership transfer, scrapping, or cancellation, you can simply fill out a refund application form at the relevant city or county vehicle registration office or tax department and place it in the application box. When applying for a refund, the city or county tax department will calculate the period of vehicle ownership and refund the prepaid automobile tax accordingly.


The prepaid automobile tax system allows you to pay the annual automobile tax in January, March, June, or September and receive a 5% discount (actual deduction rate 4.58%) on the remaining period's tax. In January, there were about 500,000 cases of prepaid automobile tax in Jeollanam-do, totaling 77.9 billion KRW, with approximately 3.1 billion KRW in tax benefits provided through the prepayment discount.


Park Sungyeol, head of the Jeollanam-do Taxation Division, said, "By operating this prepaid automobile tax refund application box, we aim to enhance taxpayer convenience by allowing residents in Jeollanam-do to receive their prepaid automobile tax refunds quickly and easily."





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