No. 19931
Promulgation Date 2023-12-31
Ministry of Economy and Finance
ALL
CHAPTER I GENERAL PROVISIONS
Article 1 (Purpose)
Article 2 (Definitions)
Article 3 (Persons Liable to Pay Tax)
Article 3-2 (Trustees’ Liability for Tax Payment in Kind)
Article 4 (Taxable Objects)
Article 5 (Taxable Period)
Article 6 (Place of Tax Payment)
Article 7 (Jurisdiction of Taxation)
Article 8 (Business Registrations)
CHAPTER II TAXABLE TRANSACTIONS
Section 1 Transactions Subject to Taxation
Article 9 (Supply of Goods)
Article 10 (Special Cases concerning Supply of Goods)
Article 11 (Supply of Services)
Article 12 (Special Cases concerning Supply of Services)
Article 13 (Importation of Goods)
Article 14 (Incidental Supply of Goods and Services)
Section 2 Time and Place of Supply
Article 15 (Time of Supply of Goods)
Article 16 (Time of Supply of Services)
Article 17 (Special Cases concerning Time of Supply of Goods and Services)
Article 18 (Time of Importation of Goods)
Article 19 (Place of Supply for Goods)
Article 20 (Place of Supply of Services)
CHAPTER III ZERO TAX RATE AND TAX EXEMPTION
Section 1 Application of Zero Tax Rate
Article 21 (Exportation of Goods)
Article 22 (Services Supplied Overseas)
Article 23 (Supply of Overseas Navigation Services)
Article 24 (Supply of Goods or Services for Acquisition of Foreign Currencies)
Article 25 (Principle of Reciprocity in Application of Zero Tax Rate)
Section 2 Tax Exemptions
Article 26 (Tax Exemptions for Supply of Tax-Free Goods or Services)
Article 27 (Importation of Tax-Free Goods)
Article 28 (Waiver of Tax Exemption)
CHAPTER IV CALCULATION OF TAX BASES AND AMOUNTS OF TAX
Section 1 Tax Bases and Tax Rate
Article 29 (Tax Bases)
Article 30 (Tax Rate)
Section 2 Charging in Transaction and Tax Invoices
Article 31 (Charging in Transaction)
Article 32 (Tax Invoices)
Article 33 (Exemption from Duty to Issue Tax Invoices)
Article 34 (Time Limit for Issuing Tax Invoices)
Article 34-2 (Special Cases concerning Deductions of Input Tax Amounts Based on Purchaser-Issued Tax Invoices)
Article 35 (Import Tax Invoices)
Article 36 (Receipts)
Article 36-2 (Period Applicable to Issuance of Receipts by Simplified Taxable Persons)
Section 3 Amounts of Tax Payable
Article 37 (Calculation of Amounts of Tax Payable)
Article 38 (Input Tax Amounts to be Deducted)
Article 39 (Input Tax Amounts Not to Be Deducted)
Article 40 (Pro Rata of Common Input Tax Amounts)
Article 41 (Recalculation of Common Input Tax Amounts)
Article 42 (Special Cases concerning Deductions of Fictitious Input Tax Amounts for Tax-Free Agricultural Products)
Article 43 (Special Cases concerning Deductions of Input Tax Amounts in Cases of Converting Depreciable Assets from Tax-Free Business to Taxable Business Use)
Article 44 (Special Cases concerning Deductions of Input Tax Amounts for Goods in Stock in Cases of being Converted to General Taxable Persons)
Article 45 (Special Cases concerning Tax Deductions for Bad Debts)
Section 4 Tax Deductions
Article 46 (Tax Deductions Subsequent to Use of Credit Cards)
Article 47 (Special Cases concerning Tax Deductions Subsequent to Issuance and Transmission of Electronic Tax Invoices)
CHAPTER V RETURNS AND PAYMENTS
Section 1 Returns and Payments
Article 48 (Preliminary Returns and Payments)
Article 49 (Final Returns and Payments)
Article 50 (Returns and Payments for Importation of Goods)
Article 50-2 (Deferred Payment of Value-Added Tax on Imported Goods)
Article 51 (Lump-Sum Payments at Principal Places of Business)
Article 52 (Payments by Proxy)
Article 52-2 (Special Cases concerning Payments under Secondary Liability Related to Trust)
Article 53 (Special Cases concerning Supply of Services by Foreign Entrepreneurs)
Article 53-2 (Special Cases concerning Business Registration and Payment by Foreign Entrepreneurs Providing Electronic Services)
Section 2 Documents Required
Article 54 (Submission of Sum Table of Tax Invoices)
Article 55 (Submission of Statements of Cash Sales)
Article 56 (Submission of Accompanying Documents for Zero Tax Rate)
CHAPTER VI DECISIONS, RECTIFICATIONS, COLLECTION, AND REFUNDS
Section 1 Decisions
Article 57 (Decisions and Rectification)
Article 58 (Collection)
Article 58-2 (Special Cases concerning Compulsory Collection of Trust Property)
Article 59 (Refunds)
Section 2 Additional Taxes
Article 60 (Additional Tax)
CHAPTER VII SIMPLIFIED TAXATION
Article 61 (Scope of Application of Simplified Taxation)
Article 62 (Period of Application of Simplified Taxation and General Taxation)
Article 63 (Tax Bases and Tax Amounts for Simplified Taxable Persons)
Article 64 (Addition of Input Tax Amounts for Goods in Stock in Cases of being Converted to Simplified Taxable Persons)
Article 65 Deleted.
Article 66 (Preliminary Imposition and Payments)
Article 67 (Return and Payment by Simplified Taxable Persons)
Article 68 (Decisions, Rectification, and Collection as Regards Simplified Taxable Persons)
Article 68-2 (Additional Tax on Simplified Taxable Persons)
Article 69 (Exemption of Simplified Taxable Persons from Payment Obligations)
Article 70 (Waiver and Reapplication of Simplified Taxation)
CHAPTER VIII SUPPLEMENTARY PROVISIONS
Article 71 (Keeping and Retaining Account Books)
Article 72 (Special Cases concerning Amount of Value-Added Tax)
Article 73 (Tax Managers)
Article 74 (Inquiries and Investigations)
Article 75 (Submission of Materials)
CHAPTER IX PENALTY PROVISIONS
Article 76 (Administrative Fines)
ADDENDA <Presidential Decree No. 11873, Feb. 7, 2013>
ADDENDA <Act No. 11944, Jul. 26, 2013>
ADDENDA <Act No. 12113, Dec. 24, 2013>
ADDENDA <Act No. 12167, Jan. 1, 2014>
ADDENDA <Act No. 12851, Dec. 23, 2014>
ADDENDA <Act No. 13474, Aug. 11, 2015>
ADDENDA <Act No. 13556, Dec. 15, 2015>
ADDENDA <Act No. 13805, Jan. 19, 2016>
ADDENDA <Act No. 14387, Dec. 20, 2016>
ADDENDA <Act No. 15223, Dec. 19, 2017>
ADDENDA <Act No. 16008, Dec. 24, 2018>
ADDENDA <Act No. 16101, Dec. 31, 2018>
ADDENDA <Act No. 16845, Dec. 31, 2019>
ADDENDA <Act No. 17653, Dec. 22, 2020>
ADDENDA <Act No. 17758, Dec. 29, 2020>
ADDENDA <Act No. 18577, Dec. 8, 2021>
ADDENDA <Act No. 19194, Dec. 31, 2022>
ADDENDA <Act No. 19931, Dec. 31, 2023>