South Korea's National Tax Service notifies 220,000 taxpayers, including 182,000 overseas stock investors, to file capital gains tax returns by June 1, warning of penalties for non-compliance and vowing to track down all evasion cases including dual contracts and false expense claims without exception.
#YonhapInfomax #CapitalGainsTax #OverseasStocks #NationalTaxService #TaxFiling #Seohakgaemi #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=118790
220,000 Taxpayers Including Overseas Stock Investors Face Capital Gains Tax Deadline on June 1
South Korea's National Tax Service notifies 220,000 taxpayers, including 182,000 overseas stock investors, to file capital gains tax returns by June 1, warning of penalties for non-compliance and vowing to track down all evasion cases including dual contracts and false expense claims without exception.
South Korea's National Tax Service received 780 real estate tax evasion reports since October, offering rewards up to 4 billion won for tips leading to successful tax collection, as authorities intensify crackdown on sophisticated evasion schemes involving property transactions and gift tax violations.
#YonhapInfomax #RealEstateTaxEvasion #NationalTaxService #RewardProgram #CapitalGainsTax #GiftTax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=114584President Lee Jae-myung urges voluntary repayment of business loans misused for real estate purchases, warning borrowers face criminal fraud prosecution and tax audits if they wait for forced collection by Financial Supervisory Service and National Tax Service joint investigation.
#YonhapInfomax #PresidentLeeJaemyung #BusinessLoans #RealEstateFraud #NationalTaxService #VoluntaryRepayment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=111271South Korea's National Tax Service launches fee-free income tax refund program for 1.11 million taxpayers totaling 140.9 billion won, competing with private platforms while warning of penalty risks for improper applications outside official channels
#YonhapInfomax #NationalTaxService #IncomeTaxRefunds #TaxpayerNotification #FeeFreeTaxServices #WithholdingTax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=109316
South Korea's Tax Agency Offers Fee-Free Income Tax Refunds to 1.11 Million Taxpayers
South Korea's National Tax Service launches fee-free income tax refund program for 1.11 million taxpayers totaling 140.9 billion won, competing with private platforms while warning of penalty risks for improper applications outside official channels
South Korea's National Tax Service will review launching investigations into KOSDAQ-listed firms suspected of stock price manipulation, with specific cases involving alleged fund diversion for succession planning and tax avoidance under scrutiny following parliamentary questioning.
#YonhapInfomax #NationalTaxService #StockPriceManipulation #KOSDAQListedCompanies #TaxInvestigation #CorporateGovernance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=109308
Tax Agency to Review Probe Into KOSDAQ Firms Over Stock Price Manipulation Allegations
South Korea's National Tax Service will review launching investigations into KOSDAQ-listed firms suspected of stock price manipulation, with specific cases involving alleged fund diversion for succession planning and tax avoidance under scrutiny following parliamentary questioning.
South Korea's National Tax Service announces early disbursement of 2025 year-end tax refunds on March 18, three weeks ahead of the April 9 legal deadline, requiring companies to submit documentation by March 10 while offering direct payment options for workers facing employer difficulties.
#YonhapInfomax #NationalTaxService #YearEndTaxRefunds #EarlyDisbursement #TaxSettlement #DirectPayment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=108464
South Korea's Tax Agency to Disburse Year-End Tax Refunds on March 18, Ahead of Legal Deadline
South Korea's National Tax Service announces early disbursement of 2025 year-end tax refunds on March 18, three weeks ahead of the April 9 legal deadline, requiring companies to submit documentation by March 10 while offering direct payment options for workers facing employer difficulties.
President Lee Jae-myung declares end to era of profiting from rule-breaking as National Tax Service collects 257.6 billion won from 27 companies involved in stock manipulation, signaling government's tough stance on market disruption and unfair practices.
#YonhapInfomax #PresidentLeeJaemyung #StockManipulation #NationalTaxService #TaxAudits #MarketDisruption #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=108273
President Lee - 'No Empty Promises... Era of Profiting by Breaking Rules is Over'
President Lee Jae-myung declares end to era of profiting from rule-breaking as National Tax Service collects 257.6 billion won from 27 companies involved in stock manipulation, signaling government's tough stance on market disruption and unfair practices.
South Korea's National Tax Service extends corporate tax payment deadlines by three months and suspends tax audits for companies affected by Middle East crisis, targeting shipping, aviation, refining, petrochemical, and export sectors facing disruptions and rising costs.
#YonhapInfomax #NationalTaxService #CorporateTax #MiddleEastCrisis #PaymentDeadlineExtension #TaxAuditSuspension #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=108259
South Korea's Tax Agency Extends Corporate Tax Deadline, Suspends Audits for Middle East Crisis-Hit Firms
South Korea's National Tax Service extends corporate tax payment deadlines by three months and suspends tax audits for companies affected by Middle East crisis, targeting shipping, aviation, refining, petrochemical, and export sectors facing disruptions and rising costs.
South Korea's National Tax Service issued a formal apology after accidentally exposing mnemonic codes of a seized crypto cold wallet in a press release, prompting police investigation and government-wide review of digital asset security protocols across public institutions.
#YonhapInfomax #NationalTaxService #CryptoAssetLeak #MnemonicCode #ColdWallet #DeputyPMKoo #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=107443
₩100 Million in Cash, Gold Toads, and Crypto USBs—National Tax Service Seizes ₩8.1 Billion from Major Tax Evaders
South Korea's National Tax Service seized ₩8.1 billion ($6.1 million) in cash, gold, luxury goods, and crypto wallets from major tax evaders, intensifying efforts to recover unpaid taxes.
Yonhap Infomax News