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elliemk
Joined: 01 Jul 2007
Location: Sparkling Korea!
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 Posted: Wed Aug 01, 2007 7:56 am Post subject: Certificate of residency for U.S citizens for no K taxes |
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| Does anyone know about how to obtain a certificate of residency for U.S. citizens? According to Korean law, I don't have to pay income taxes for the first two years if I have one of these. Other documentation needed? Might as well save the 2.3 percent! Thanks. |
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passport220
Joined: 14 Jun 2006
Location: Gyeongsangbuk-do province
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elliemk
Joined: 01 Jul 2007
Location: Sparkling Korea!
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| Posted: Wed Aug 01, 2007 8:17 am Post subject: Hakwon - you DO have to pay taxes? |
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Thanks for your reply! I did go to the thread.
It's only at a public school or university that you don't? |
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dogshed
Joined: 28 Apr 2006
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| Posted: Wed Aug 01, 2007 2:08 pm Post subject: Re: Hakwon - you DO have to pay taxes? |
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| elliemk wrote: |
Thanks for your reply! I did go to the thread.
It's only at a public school or university that you don't? |
Don't what? Don't pay taxes? The two year tax break is for the first two contract years at a public school. It may apply to a university, but I'm not sure on that.
I and a few other people did not have to provide the residency form. |
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elliemk
Joined: 01 Jul 2007
Location: Sparkling Korea!
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| Posted: Wed Aug 01, 2007 2:51 pm Post subject: yes- I just found out |
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| that I don't want to do this, because if I do, I lose my foreign income tax exclusion in the U.S. Definitely pays to dig deeper! |
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