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I_Am_Wrong
Joined: 14 Sep 2004
Location: whatever
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 Posted: Mon Sep 26, 2005 6:41 am Post subject: Tax season in Korea?? |
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| So when exactly is Tax season in Korea? Is it in the Spring? I've been here for a year now and I fully expect that I should receive some sort of tax receipt or something. What is expected in terms of taxes for someone on an e2. Shouldn't there be a filing and a form declaring the taxes I've paid for the year? |
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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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| Posted: Mon Sep 26, 2005 1:55 pm Post subject: |
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| I've been here for a number of tax seasons and never got anything. No form in the mail. No nothing. Ever. It just comes and goes. I don't even know when it is. From what I understand, the employer takes care of everything. We don't even sign anything. |
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sheba
Joined: 16 May 2005
Location: Here there and everywhere!
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| Posted: Mon Sep 26, 2005 5:32 pm Post subject: |
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| From what Ive heard we are supposed to file but hardly anyone ever does. |
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forgesteel
Joined: 30 Aug 2005
Location: Earth
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| Posted: Tue Sep 27, 2005 6:06 am Post subject: Re: Tax season in Korea?? |
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| I_Am_Wrong wrote: |
| So when exactly is Tax season in Korea? Is it in the Spring? I've been here for a year now and I fully expect that I should receive some sort of tax receipt or something. What is expected in terms of taxes for someone on an e2. Shouldn't there be a filing and a form declaring the taxes I've paid for the year? |
Tax time in Korea is May. |
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ajuma
Joined: 18 Feb 2003
Location: Anywere but Seoul!!
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| Posted: Tue Sep 27, 2005 7:16 am Post subject: |
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| I suspect that hagwons don't pay much attention to things like this, but if you have a car and pay car insurance, and/or a credit card, you might want to find out if you can get a tax refund. I got one last January/February...around 800,000!!! I had to turn in the tax information that came with my insurance and credit card bills. Believe me...I used my credit card a LOT more often this year!! |
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