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Why should my recruiter control my bank account?
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ladyandthetramp



Joined: 21 Nov 2003

PostPosted: Tue Jun 22, 2004 3:06 am    Post subject: Reply with quote

I think I'm working for that agency.

Actually, they didn't say anything about the bank account until the last moment so I couldn't say anything about it. It seems that the Koreans working there are in the same situation.

That said, I don't think I ever signed anything. Instead, they used my name and id number, plus someone else's name and id and that person's stamp. I figure, if I have a problem, I never actually signed anything for that bank account so they illegally used my name.

If I had known about the situation beforehand, I think I would have stayed away, just because it seems pretty questionable.

Still, I haven't had any payment problems, yet. And they deduct taxes from my salary (at least on the paper they give me).
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marista99



Joined: 05 Jun 2004
Location: Incheon

PostPosted: Tue Jun 22, 2004 6:53 am    Post subject: Reply with quote

Sounds totally shady. There's lots of recruiters and schools that don't operate this way, why not go with one of them instead?
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prosodic



Joined: 21 Jun 2004
Location: ����

PostPosted: Tue Jun 22, 2004 5:12 pm    Post subject: not a good solution Reply with quote

different wrote:
He said he was able to change the payment arrangements so that the school pays all of the money into an account controlled by him, and then he pays the agency. I could probably get the agency to give me a similar setup. The agency would probably still avoid paying taxes, but the teacher said I would not be doing anything illegal myself.


It seems to me that this other teacher's arrangement increases that teacher's tax burden. Think about it, if the school pays you and you pay the agency so that the agency can avoid taxes, then the agency's cut gets added to your earned income. I wouldn't worry about U.S. taxes if you're a U.S. citizen, since you're still likely to be under the $70,000 threshhold of nontaxable foreign income (that is, if you've been outside of the U.S. for a full twelve months and the dollar amount might have gone up since I last checked), but what about Korean taxes? There are a few situations where you are exempt from Korean taxes, but unless this is one of those, then this other teacher's arrangement will increase his tax burden. I'm not going to interfere if somebody wants to avoid paying taxes, but I'm also not going to let that person transfer his or her tax burden to me.

Please tell me if I'm wrong or if you disagree.
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