Category - South Korea

South Korea

South Korea Extends Temporary Reduction of Individual Consumption Tax Rate on Butane Oil

12 months ago

South Korea

Korea Customs Service Introduces New Regulations for Data Collection in Customs Audits

12 months ago

South Korea

South Korea MOF Seeks Feedback on Extending Tax Reduction for Petroleum Products until June

21 April 2024

South Korea

Chairman Inclusive Finance Forum calls for a temporary VAT reduction on essential goods

14 April 2024

South Korea

South Korean National Assembly considers Bill to reduce consumption tax on new vehicles

30 March 2024

South Korea

Sales support services subject to zero rate of VAT (Tax Tribunal decision)

23 January 2024

South Korea

National Tax Service Extends VAT Payment Deadline for Small and Micro Businesses

16 January 2024

South Korea

South Korea to Ease VAT Criteria and Reduce Tax Burden for Self-Employed and Small Businesses

09 January 2024

South Korea

Government Considering Raising the Simplified Taxation Threshold to 100 Million Won

09 January 2024

South Korea

Government Extends VAT Exemption for Coffee and Cacao Beans to Alleviate Consumer Burden

03 January 2024

South Korea

South Korea Extends VAT Exemption to Battle Inflation and Ease Financial Burden on Consumers

03 January 2024

South Korea

Korea to Expand VAT Receipt Requirements for Cash Payments in 2024

27 December 2023

South Korea

Publication of Key Practices for 2023 VAT Declaration for the Convenience of Members

22 December 2023

South Korea

South Korea MOF seeks comments on further extension of reduced tax rates on petroleum products

19 December 2023

South Korea

South Korea to Increase Tax Refund Limit for Foreign Tourists to $3,800 from January

06 December 2023

South Korea

South Korea Assembly Considers Bill to Amend VAT Act, Extends VAT Exemptions and Imposes Penalties

06 December 2023

South Korea

South Korea MOF seeks comments on draft notice extending VAT exemption deadline for specific goods

28 November 2023

South Korea

Trends in Customs Audits

24 November 2023

South Korea

5 Major Developments in South Korea

08 November 2023

Australia Austria Poland South Korea United Arab Emirates

KPMG Week in Tax: 25 – 29 September 2023

30 September 2023

South Korea

VAT Return Payment Extension

30 September 2023

South Korea

Overview of VAT Reporting for South Korea: Different Reports and Related Topics

29 September 2023

South Korea

Products provided Free of Charge under Purchase Agreement were Not “Free of Charge Imports”

26 September 2023

Indonesia Malaysia Singapore South Korea Thailand

E-Invoice Conversion in the APAC Region | Part 2

23 September 2023

Saudi Arabia South Korea

Saudi and South Korean customs agree to enhance supply chain security

21 September 2023

South Korea

MOEF announce tax reform proposal for 2023: VAT changes

08 September 2023

South Korea

Presidential Decree extending temporarily reduced individual consumption tax rate

02 September 2023

South Korea

Customs Value of Goods Imported from Bonded Area (Supreme Court Decision)

24 August 2023

South Korea

Penalties for Late VAT Registration by Foreign Electronic Service Suppliers

05 August 2023

South Korea

VAT Exemption for Veterinary Services to be Expanded

29 July 2023

South Korea

72% of Koreans approve of abolishing cosmetic surgery VAT tax

21 July 2023

South Korea

E-Invoicing in South Korea: Navigating Compliance and Regulations

16 July 2023

South Korea

South Korea proceeds to allow self-billing for VAT invoices

16 July 2023

Category - South Korea

South Korea Extends Temporary Reduction of Individual Consumption Tax Rate on Butane Oil

Korea Customs Service Introduces New Regulations for Data Collection in Customs Audits

South Korea MOF Seeks Feedback on Extending Tax Reduction for Petroleum Products until June

Chairman Inclusive Finance Forum calls for a temporary VAT reduction on essential goods

South Korean National Assembly considers Bill to reduce consumption tax on new vehicles

Sales support services subject to zero rate of VAT (Tax Tribunal decision)

National Tax Service Extends VAT Payment Deadline for Small and Micro Businesses

South Korea to Ease VAT Criteria and Reduce Tax Burden for Self-Employed and Small Businesses

Government Considering Raising the Simplified Taxation Threshold to 100 Million Won

Government Extends VAT Exemption for Coffee and Cacao Beans to Alleviate Consumer Burden

South Korea Extends VAT Exemption to Battle Inflation and Ease Financial Burden on Consumers

Korea to Expand VAT Receipt Requirements for Cash Payments in 2024

Publication of Key Practices for 2023 VAT Declaration for the Convenience of Members

South Korea MOF seeks comments on further extension of reduced tax rates on petroleum products

South Korea to Increase Tax Refund Limit for Foreign Tourists to $3,800 from January

South Korea Assembly Considers Bill to Amend VAT Act, Extends VAT Exemptions and Imposes Penalties

South Korea MOF seeks comments on draft notice extending VAT exemption deadline for specific goods

Trends in Customs Audits

5 Major Developments in South Korea

KPMG Week in Tax: 25 – 29 September 2023

VAT Return Payment Extension

Overview of VAT Reporting for South Korea: Different Reports and Related Topics

Products provided Free of Charge under Purchase Agreement were Not “Free of Charge Imports”

E-Invoice Conversion in the APAC Region | Part 2

Saudi and South Korean customs agree to enhance supply chain security

MOEF announce tax reform proposal for 2023: VAT changes

Presidential Decree extending temporarily reduced individual consumption tax rate

Customs Value of Goods Imported from Bonded Area (Supreme Court Decision)

Penalties for Late VAT Registration by Foreign Electronic Service Suppliers

VAT Exemption for Veterinary Services to be Expanded

72% of Koreans approve of abolishing cosmetic surgery VAT tax

E-Invoicing in South Korea: Navigating Compliance and Regulations

South Korea proceeds to allow self-billing for VAT invoices

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