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Porksta
Joined: 05 May 2011
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 Posted: Wed Aug 28, 2013 7:37 pm Post subject: Free Economic Zone |
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| I work in one of Incheon's Free Economic Zones (IFEZ). A person at another job recently informed me that because this is an FEZ, I am not required to pay income tax. Any truth to this? |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Wed Aug 28, 2013 10:08 pm Post subject: Re: Free Economic Zone |
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| Porksta wrote: |
| I work in one of Incheon's Free Economic Zones (IFEZ). A person at another job recently informed me that because this is an FEZ, I am not required to pay income tax. Any truth to this? |
Nope.. it just means that goods can travel in and out without paying duty or tariffs.
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