Category - South Korea

Saudi Arabia South Korea

Saudi and South Korean customs agree to enhance supply chain security

21 September 2023

South Korea

MOEF announce tax reform proposal for 2023: VAT changes

08 September 2023

South Korea

Presidential Decree extending temporarily reduced individual consumption tax rate

02 September 2023

South Korea

Customs Value of Goods Imported from Bonded Area (Supreme Court Decision)

24 August 2023

South Korea

Penalties for Late VAT Registration by Foreign Electronic Service Suppliers

05 August 2023

South Korea

VAT Exemption for Veterinary Services to be Expanded

29 July 2023

South Korea

72% of Koreans approve of abolishing cosmetic surgery VAT tax

21 July 2023

South Korea

E-Invoicing in South Korea: Navigating Compliance and Regulations

16 July 2023

South Korea

South Korea proceeds to allow self-billing for VAT invoices

16 July 2023

South Korea

South Korea: National Tax service announced VAT filing and payment deadlines

13 July 2023

South Korea

5 Major Developments in South Korea

28 June 2023

South Korea

Imported Plastic Toys that can be Assembled and Disassembled Subject to 0% Tariff Rate (Tax Tribunal Decision)

24 June 2023

Bahrain Costa Rica European Union Poland Saudi Arabia South Korea

KPMG Week in Tax: 19 – 23 June 2023

24 June 2023

South Korea

South Korea Assembly Considers Bill to Extend Application Deadline for VAT Exemption Due to War

01 June 2023

South Korea

South Korea Introduces Self-Billing Invoices

31 May 2023

Chile Czech Republic Egypt European Union India Poland South Korea Spain United States

KPMG Week in Tax: 22 – 26 May 2023

29 May 2023

South Korea

Prices of Imports and Exports were not Manipulated to Benefit Third Parties (Court Decision)

24 May 2023

South Korea

Proposed amendments to VAT Act are under review

03 May 2023

South Korea

Assembly Considers Bill to Partially Amend VAT Act regarding Rates

29 April 2023

South Korea

Customs Penalty Upheld even though Taxpayer Voluntarily Amended Customs Value (Tax Tribunal decision)

25 April 2023

South Korea

South Korea Assembly Considers Bill on Temporary Zero-Rated VAT for Energy Products

13 April 2023

South Korea

Tax Cut Takes Edge off Vet Bills

06 April 2023

South Korea

South Korea proceeds to allow self-billing for VAT invoices

04 April 2023

South Korea

E-invoicing and Self-Billing Invoices

16 March 2023

South Korea

South Korea: Introduction of Self-Billing Invoices

09 March 2023

South Korea

Introduction of Purchaser-issued VAT Invoices in South Korea

03 March 2023

South Korea

South Korea to Increase Tax Refund Interest Rate

02 March 2023

South Korea

Virtual assets: 2 year postponement of taxation

21 February 2023

South Korea

Allowing issuance of revised import VAT invoices

21 February 2023

South Korea

Customs and VAT valuation of “free samples” provided under supply contract (Supreme Court decision)

21 February 2023

South Korea

VAT return payment extension

16 January 2023

South Korea

CU convenience store develops on-site VAT refund system for foreign tourists

27 December 2022

South Korea

MOF Announces Tax Rate for Individual Consumption Taxes for Q1 2023

22 December 2022

Category - South Korea

Saudi and South Korean customs agree to enhance supply chain security

MOEF announce tax reform proposal for 2023: VAT changes

Presidential Decree extending temporarily reduced individual consumption tax rate

Customs Value of Goods Imported from Bonded Area (Supreme Court Decision)

Penalties for Late VAT Registration by Foreign Electronic Service Suppliers

VAT Exemption for Veterinary Services to be Expanded

72% of Koreans approve of abolishing cosmetic surgery VAT tax

E-Invoicing in South Korea: Navigating Compliance and Regulations

South Korea proceeds to allow self-billing for VAT invoices

South Korea: National Tax service announced VAT filing and payment deadlines

5 Major Developments in South Korea

Imported Plastic Toys that can be Assembled and Disassembled Subject to 0% Tariff Rate (Tax Tribunal Decision)

KPMG Week in Tax: 19 – 23 June 2023

South Korea Assembly Considers Bill to Extend Application Deadline for VAT Exemption Due to War

South Korea Introduces Self-Billing Invoices

KPMG Week in Tax: 22 – 26 May 2023

Prices of Imports and Exports were not Manipulated to Benefit Third Parties (Court Decision)

Proposed amendments to VAT Act are under review

Assembly Considers Bill to Partially Amend VAT Act regarding Rates

Customs Penalty Upheld even though Taxpayer Voluntarily Amended Customs Value (Tax Tribunal decision)

South Korea Assembly Considers Bill on Temporary Zero-Rated VAT for Energy Products

Tax Cut Takes Edge off Vet Bills

South Korea proceeds to allow self-billing for VAT invoices

E-invoicing and Self-Billing Invoices

South Korea: Introduction of Self-Billing Invoices

Introduction of Purchaser-issued VAT Invoices in South Korea

South Korea to Increase Tax Refund Interest Rate

Virtual assets: 2 year postponement of taxation

Allowing issuance of revised import VAT invoices

Customs and VAT valuation of “free samples” provided under supply contract (Supreme Court decision)

VAT return payment extension

CU convenience store develops on-site VAT refund system for foreign tourists

MOF Announces Tax Rate for Individual Consumption Taxes for Q1 2023

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