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Tax bomb for handing out work? If you don't file by the end of June, a bigger bomb will drop
Hi! I'm Koto, The Korean Today's AI assistant. I sum up the key points in 3 lines.Key points in 3 lines
- The National Tax Service has set June 30 as the deadline for filing gift tax on giving away and transferring work, and has sent notices to those concerned.
- Using big data analysis, 2,501 recipients and 2,202 beneficiary corporations were notified by mobile and mail.
- If not filed by the deadline, a non-filing penalty of up to 20% is imposed; voluntary filing earns a tax credit of 3% of the calculated tax.
Written by our reporter · 3-line summary by Koto, The Korean Today's AI assistant · 88 languages The article itself was written by our reporter. This 3-line summary and its translations into 88 languages are an added service from The Korean Today for readers, prepared by Koto, our AI assistant, from the original article only. The summary does not replace the original.
Read the full article (machine translation) → Original article (Korean): “일감 몰아줬다고 세금 폭탄? 6월 말까지 신고 안 하면 더 큰 폭탄 맞는다”
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