Today, I would like to share with you about the national tax arrears inquiry.
In particular, as of May of this year, the amount of national tax refund that taxpayers have not visited was 143.4 billion won. In fact, I didn’t even know there was such a service, but watching the news these days, I was able to receive money I never expected. The cause of such non-received refunds is that the taxpayer did not receive a refund notice due to a change of address, etc.
It is also possible to deduct the tax credit for rental business owners who have lowered the rent for commercial buildings based on information related to national tax arrears. We are also working on a plan to temporarily lower the individual consumption tax when purchasing a car. In addition, the tax deduction rate for the amount paid by credit card will be temporarily expanded. The limit on the cost of entertainment expenses will also be temporarily raised. In addition, starting March 2020, when an overseas business returns to Korea, income tax and corporate tax will be reduced or exempted from 50 to 100% in some cases, even when expanding business sites in Korea without closing or reducing overseas business sites. So far, we have informed you about the benefits of national tax support due to COVID-19. I hope that you will receive help by referring to these things in a difficult situation like now.
Taxes are divided into two main categories. What’s the difference? National taxes are expenses incurred for administrative services or activities implemented nationally. In other words, ‘people’s blood’ and ‘blood tax’, which are used wildly as slang words, fall into this category. It is a tax levied on all citizens. Domestic tax, customs duty, and purpose tax are divided into three categories, but nationals residing in Korea only have to bear the domestic tax. We pay domestic taxes directly or indirectly. Income tax, corporate tax, etc. are direct taxes, and the value-added tax included in the food when you order food at a restaurant is an indirect tax. Compulsory collection is the default for all. 국세 체납조회
All of the taxes listed above are taxes levied and collected by the Korea Customs Service and the National Tax Service, which are sub-administrative organizations of the central government, for the purpose of raising national finances. If, for example, on real estate, capital gains tax is accrued due to the sale of real estate, the National Tax Service becomes the tax authority because it is a national tax. In practice, you can visit the tax office having jurisdiction over your address to report and pay. Conversely, if you have to pay acquisition tax, it is included as a local tax, so it falls under the jurisdiction where the real estate is located. 좋은뉴스
In the case of employee income, the duty to report global income tax is exempted if there is only earned income for which the duty to pay income tax is terminated by year-end settlement. Retirement Income is Important for Employees When they retire, they receive severance pay. And when you receive severance pay, the state imposes a tax. That is retirement income. If you’ve read this far, the tax rate changes each year with each amendment to the statute. We recommend that you check the tax rate-related information on the National Tax Service website separately. In case of non-payment of national tax, the national administrative compulsory collection and disposition for non-payment of national tax are carried out. If you are in arrears in national tax, we recommend that you contact the tax office having jurisdiction over where you or your family member resides for resident registration before visiting.
In particular, in relation to national tax arrears, those who frequently travel abroad or frequently go abroad for business trips are likely to be familiar with customs duties during national taxes. For example, when I buy alcoholic beverages, cigarettes, or cosmetics overseas or at a duty-free shop, I have to declare this. Customs duties are often levied on goods purchased duty-free in excess of the duty-free limit specified in Korea. In the case of alcohol, duty-free up to 1L or 1 bottle is applied. More than that, customs duties are often levied. In addition, tobacco is subject to tariffs when it exceeds a certain degree of duty-free exemption. In the case of cosmetics, tariffs are immediately imposed when products such as perfumes exceed a certain amount.
In the case of national tax delinquency, the list of delinquent delinquents will be disclosed even if you do not want to. If you do not pay, all items in the house will be marked with the commonly known red label, that is, a pressurized sticker. In addition, if you do not pay on time, the amount will continue to increase, so be careful. You can also pay by credit card, so you should develop a healthy habit of making timely payments before small amounts accumulate and become large amounts. I will finish the post on national tax arrears inquiry. Have a good time.