Category Guide
Tax refunds, uncollected funds, and deduction rules to check and claim.
Local governments launched intensive settlement drives for unclaimed local tax refunds, including 160 million KRW in Yangsan and about 18 million KRW in Ongjin County. Taxpayers can check and claim funds via Wetax and mobile apps before the five-year statutory expiration window.
Insurers' surrender value reserves are projected to increase to 87 trillion 500 billion KRW by 2030. Here is an analysis of reserve trends and verification guidelines for consumers.
The National Tax Service announced that businesses eligible for tax administrative support who file for an early VAT refund in October will receive payments by November 4. Here is a breakdown of eligibility, deadlines, and the difference from preliminary assessments.
Year-end tax settlement refunds are determined not in January, but by December 31 of the previous year. Anchored on the structural difference between income deductions and tax credits, this article filters which items can still be adjusted and which are already locked.
