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Easy Guide for Foreigners' Year-end Tax Settlement    

The National Tax Service publishes the Easy Guide for Foreigners' Year-end Tax Settlement each year. You can find them in the tax offices, at expat information centers, in some banks, and on-line.

The document provides information, in English, on tax rules, examples of tax calculations and forms, answers to a range of frequently asked questions, information on tax exempted foreign employees, and lots more. There are also screen images showing the Korean and the English versions of the Simplified Year-end Tax Settlement website. The Guide also lists changes in the tax law for that tax year.

The Easy Guide for Foreigners' Year-end Tax Settlement is published in December of the tax year. For an online copy of the guide go to the National Tax Service website, look to the left to 2010 Year-end Tax Settlement and click on Easy Guide.

A number of tax forms are also available on the National Tax Service website, including
Individual Income Tax Returns
Certificate of Income - for taxpayers filing global income tax returns


K4E Note: The above is based on information on the National Tax Service website. It is intended as general information only. For more details, readers should visit the NTS website.
Amendments to the tax laws/rules are often adopted in January of the year in which they will take effect. We do our best at K4E to ensure that the information we provide is accurate and up-to-date. Should you note any errors or ommissions, please let us know at info@korea4expats.com.



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  In the same header
-Annual Income Tax Payment -Automatic Tax Calculation Service
-Claimable Deductions -Easy Guide for Foreigners' Year-end Tax Settlement
-Foreign Nationals Exempted from Taxes -Income Taxes Overview
-Monthly Withholding Tax -On-line Tax Filing - Korean only
-Resident and Non-resident Taxpayers -Services for Foreign Taxpayers


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