Korean Job Discussion Forums

mountaingirl · Joined: 07 Feb 2004

I am leaving my hogwan within the next few days. I am leaving my contract early- but have given the required thirty days notice etc.
Someone mentioned to me that I should get back all the tax that has been deducted from my pay so far.
Does anyone know if this is true? Also, do I just call immigration to tell them I am finished or do I have to go there? I will be staying in Korea for a couple of weeks.
Thanks

kangnamdragon · Joined: 17 Jan 2003 Location: Kangnam, Seoul, Korea

I don't see why you would get the tax back. You have received the benefits of those taxes by using public facilities in this country and being protected from the communist North. You can, however, receive your pension deductions. Do a search for instructions.

wannago · Joined: 16 Apr 2004

Zyzyfer · Posted: Thu Apr 29, 2004 4:12 pm Post subject:

You don't pay U.S. taxes if you're working overseas, unless you can clear 80,000 dollars or something.

wannago · Joined: 16 Apr 2004

Juggertha · Joined: 27 May 2003 Location: Anyang, Korea

I belive that "some" counties will reimburse the taxes you've paid over seas so as you can pay your taxes at home.

So... if you paid taxes here at 5% and Canada wanted you to pay the 20% you should be paying back home, they will ask the Korean Gov to reimburse you the 5% you've paid so you can pay the full 20% back home.

I'm not sure how true this is but that its part of a mutual tax agreement between Korean and Canada.

Anyone know for sure?

Grotto · Joined: 21 Mar 2004

if you live overseas for more than 8 months I believe you dont have to pay any Canadian taxes......you pay the taxes of your host country you do not get taxed twice. Taxes pay for supporting the government and infrastructure...if you are not in Canada you are not using the facilities and you dont have to pay for them

sadsac · Joined: 22 Dec 2003 Location: Gwangwang

You will get your pension payments re-imbursed, not your tax payments. Smile

matthews_world · Joined: 15 Feb 2003

Zyzyfer · Posted: Thu Apr 29, 2004 10:59 pm Post subject:

CanadaCommando · Joined: 13 Feb 2004 Location: People's Republic of C.C.

Legally, as a Canadian, unless you declare non-residency status, you do still pay tax at home. It goes: Tax rate in Canada (mine is like 23%) - Tax you have paid in Korea (like 5%)= What you officially owe the government (17%). Sometimes its expensive to be Canadian.

Now, thats IF you declare your income over here...which ends up being very costly to do. There was a whole string of info on that...search for it if you want more info.

crazykiwi · Joined: 07 Jun 2003 Location: new zealand via daejeon

hey,

i got a tax re-imbursement last year, somewhere around 150-200 thou. my american mates just got theirs back at around 400 thou, if you are english you can definatly recieve a tax rebate. i will go to my old school from last year and see if i can get another one, as the one i recieved was only for like 5 months. my school did most of the paper work, i just had to fill in a bit and bobs was my uncle! anyway, ask your school about it, should be sweet. hope that helped

laterz

crazy

Mosley · Joined: 15 Jan 2003

If you are Canadian: even if you don't have non-residency status DON'T declare your income if you've worked here 2 yrs. or less. Let THEM worry about tracking you down. I've worked here 20 months and have never even received a pay/deductions statement. But don't expect a tax refund from S. Korea.

I heard S. Korea & Canada are working out a new tax deal....