South Korea Tax Agency Posts Guide on VAT Reporting

The South Korean National Tax Service June 30 released a VAT reporting guide. Topics covered include: 1) an overview of VAT reporting and payment obligations; 2) documentation requirements by business type, including for general, simplified, and small business taxpayers; 3) a list of major tax law amendments related to VAT; 4) electronic payment and filing using Hometax, Sontax, or Cardrotax; 5) FAQs on electronic invoices and VAT reporting; and 6) extended electronic filing hours on Hometax, from July 1 through the Q1 filing deadline on July 25. [South Korea, National Tax Service, 06/30/25]

Reference:
View Guide on VAT Declaration. ...