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F4 visa-holders pay more taxes than E2/E7 visa holders?

 
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arpeggi



Joined: 22 Sep 2007

PostPosted: Sun Oct 14, 2007 3:08 pm    Post subject: F4 visa-holders pay more taxes than E2/E7 visa holders? Reply with quote

Is it true that F4 visa-holders pay more income tax (percentage wise) than E2 or E7 visa-holders?

Is there a source on-line for this, if true?

thx.
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itaewonguy



Joined: 25 Mar 2003

PostPosted: Sun Oct 14, 2007 9:47 pm    Post subject: Re: F4 visa-holders pay more taxes than E2/E7 visa holders? Reply with quote

arpeggi wrote:
Is it true that F4 visa-holders pay more income tax (percentage wise) than E2 or E7 visa-holders?

Is there a source on-line for this, if true?

thx.


It depends on your job...
if a f4 visa holder is teaching in a hakwon he will pay the same as any other teacher... wouldnt he?
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Yaya



Joined: 25 Feb 2003
Location: Seoul

PostPosted: Sun Oct 14, 2007 11:32 pm    Post subject: Reply with quote

I have an F-4 but I do freelance work so I pay less taxes, but of course, I get less benefits like housing, health insurance and severance pay.

I knew of one hakwon who didn't deduct taxes from their teachers' salaries.
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valkyrian2
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Joined: 15 May 2007

PostPosted: Mon Oct 15, 2007 12:14 am    Post subject: Re: F4 visa-holders pay more taxes than E2/E7 visa holders? Reply with quote

arpeggi wrote:
Is it true that F4 visa-holders pay more income tax (percentage wise) than E2 or E7 visa-holders?

Is there a source on-line for this, if true?

thx.


Your rate is the same for any given salary as long as you are a salaried employee.

If you are subcontracted, then the rate is higher.

http://www.nts.go.kr/eng/default.html
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arpeggi



Joined: 22 Sep 2007

PostPosted: Mon Oct 15, 2007 12:13 pm    Post subject: Reply with quote

thanks for the info!
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