Christie Lee (CPA) Story
Accounting runs in my family, and I still remember my early exposure to the craft from seeing my father come home after a long day at his tax practice. Fast forward ahead to the …
Foreign Real Property reporting(해외부동산 취득·보유·투자운용(임대) 및 처분 명세서)
Tax Alert for Long-Term Foreign Residents in Korea!Make sure your international compliance is fully secured and avoid costly penalties. Besides the well-known Foreign Financial Account reporting(해외금융계좌신고), there’s a critical, often overlooked obligation: “Foreign Real Property …
Read moreForeign Real Property reporting(해외부동산 취득·보유·투자운용(임대) 및 처분 명세서)
Business bank account reporting for Freelancers or Contractors
By June 30, the individual taxpayers with 2021’s income above 75m won need to report the”사업용계좌 (business bank account) ” to the tax office. (You may easily do this on Home Tax) The threshold …
Read moreBusiness bank account reporting for Freelancers or Contractors
Flat Tax 19% is extended to the year 2023
Flat Tax 19% is extended to 2023. 50% Tax Cut for foreign ENGINEERS is also extended to 2023. Q: Hi ChristieQuick question on the Korean flat tax rate option for foreigners. What is the …
Join February’s Online Tax Seminar with Itaewon Global Village Center
[FREE] Annual Tax Return Seminar from 7 pm to 9pm, Feb 16 (Wed day) For the month of February, Itaewon Global Village Center plans for a seminar about “Income tax return” to help foreign …
Read moreJoin February’s Online Tax Seminar with Itaewon Global Village Center
[FREE] Yearend Workshop on Dec 17 (Friday): Apply today!
Dear friends, After getting many inquiries regarding my next tax seminar, I am happy to share the following event, where I am going to share my 19year knowledge and experience about tax & visa …
Read more[FREE] Yearend Workshop on Dec 17 (Friday): Apply today!
Oct.15 is the US tax filing deadline
Hello my American friends! Due to the COVID-19 pandemic, the federal government extended year 2020’s federal income tax filing deadline from April 15,2021 to May 17,2021. And, if you missed the May 17,2021 deadline …
Working remotely and Taxes
Q: My husband and I live in Singapore (both of us are Singaporian) and he got a job offer from a Korean company. We both plan to move to Korea late this year and …
Taxes for English teachers
Many times, English teachers contacted me if I can help them out with unexpected tax bills. And how they can avoid this in the future. Whether you are starting a company in Korea, teaching English …