South Korea Various VAT easements to help businesses during the economic slowdown 04 April 202032 views1 min read Source: Avalara Coronavirus Small taxpayers exempt from charging or remiting VAT until 31 December 2020 COVID-19: Possible postponement of Tax filing and payment, VAT exemption for simplified taxpayers is temporarily increased from KRW 30 million to KRW 48 million for 2020