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South Korea's National Tax Service will automatically extend VAT payment deadlines by two months for small businesses with declining sales and expand simplified taxation eligibility, as part of a broader support package to ease burdens amid weak consumption and inflation.
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#NationalTaxService #VAT #SmallBusiness #TaxSupport #SimplifiedTaxation
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NTS Extends VAT Payment Deadline by Two Months for Small Businesses with Declining Sales

South Korea's National Tax Service will automatically extend VAT payment deadlines by two months for small businesses with declining sales and expand simplified taxation eligibility, as part of a broader support package to ease burdens amid weak consumption and inflation.

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