Statutes of the Republic of Korea

No. 19860
Promulgation Date 2023-12-29
Ministry of the Interior and Safety

ALL

CHAPTER I GENERAL PROVISIONS

Article 1 (Purpose)

Article 2 (Definitions)

Article 3 (Tax-Levying Authority)

Article 4 (Assessed Value of Real Estate)

Article 5 (Application of the Framework Act on Local Taxes and the Local Tax Collection Act)

CHAPTER II ACQUISITION TAX

Section 1 Common Provisions

Article 6 (Definitions)

Article 7 (Persons Liable to Pay Taxes, etc.)

Article 8 (Places for Tax Payment)

Article 9 (Non-Taxation)

Section 2 Tax Bases and Rates

Article 10 (Criteria for Tax Base)

Article 10-2 (Tax Base for Gratuitous Acquisition)

Article 10-3 (Tax Base for Derivative Acquisition for Value)

Article 10-4 (Tax Base for Original Acquisition)

Article 10-5 (Special Cases concerning Tax Base for Gratuitous Acquisition, Derivative Acquisition for Value, or Original Acquisition)

Article 10-6 (Tax Base in Cases Deemed Acquisition)

Article 10-7 (Timing of Acquisition)

Article 11 (Tax Rates on Acquisition of Real Estate)

Article 12 (Tax Rates on Acquisition of Objects, other than Real Estate)

Article 13 (Heavy Taxation on Acquisition in Over-Concentration Control Regions)

Article 13-2 (Heavy Taxation on Acquisition, etc. of Housing by Corporations)

Article 13-3 (Criteria for Calculating Number of Houses)

Article 14 (Adjustment of Tax Rates according to Municipal Ordinance)

Article 15 (Special Cases concerning Tax Rates)

Article 16 (Application of Tax Rates)

Article 17 (Requirement for Tax Exemption)

Section 3 Imposition and Collection

Article 18 (Methods of Collection)

Article 19 (Notification, etc.)

Article 20 (Tax Returns and Payment)

Article 20-2 Deleted.

Article 21 (Additional Collection of Insufficient Amount of Tax and Additional Tax)

Article 22 (Notification of Registration Data)

Article 22-2 (Preparation and Keeping of Accounting Books, etc.)

Article 22-3 (Data Matching of Electronic Data from Family Relation Registration)

Article 22-4 (Notification of Data Related to Gift Tax)

CHAPTER III REGISTRATION AND LICENSE TAX

Section 1 Common Provisions

Article 23 (Definitions)

Article 24 (Persons Liable to Pay Tax)

Article 25 (Places for Tax Payment)

Article 26 (Non-Taxation)

Section 2 Registration and License Tax on Registration

Article 27 (Tax Base)

Article 28 (Tax Rates)

Article 29 (Two or More Types of Registration of Same Credit)

Article 30 (Tax Returns and Payment)

Article 31 (Special Collection)

Article 32 (Additional Collection of Insufficient Amount of Tax and Additional Tax)

Article 33 (Notification of Registration Data)

Section 3 Registration and License Tax on Licenses

Article 34 (Tax Rates)

Article 35 (Tax Returns, Payment, etc.)

Article 36 (Effect of Tax Payment)

Article 37 (Measures Related to Registration and License Tax Already Paid)

Article 38 (Verification of Tax Payment upon Granting License)

Article 38-2 (Notification regarding License)

Article 38-3 (Perusal of Documents Related to License)

Article 39 (Revocation, etc. of Licenses)

CHAPTER IV LEISURE TAX

Article 40 (Objects of Taxation)

Article 41 (Persons Liable to Pay Tax)

Article 42 (Tax Base and Tax Rate)

Article 43 (Tax Returns and Payment)

Article 44 (Duties to Keep Account Books)

Article 45 (Additional Collection of Insufficient Amount of Tax and Additional Tax)

Article 46 (Assistance, etc. with Collection Duties)

CHAPTER V TOBACCO CONSUMPTION TAX

Article 47 (Definitions)

Article 48 (Objects of Taxation)

Article 49 (Persons Liable to Pay Tax)

Article 50 (Places for Tax Payment)

Article 51 (Tax Base)

Article 52 (Tax Rates)

Article 53 (Taking out without Paying Tax)

Article 54 (Tax Exemption)

Article 55 (Reporting on Taking out Tobacco)

Article 56 (Cases Deemed Taking out of Manufacturing Places or Bonded Areas)

Article 57 (Notification of Reports on Opening and Closure of Business)

Article 58 (Submission of Plan for Use of Tobacco in Stock upon Discontinuation of Business)

Article 59 (Bookkeeping Duties)

Article 60 (Tax Returns, Payment, etc.)

Article 61 (Additional Collection of Insufficient Amount of Tax and Additional Tax)

Article 62 (Occasional Imposition)

Article 62-2 (Special Collection)

Article 63 (Deduction from and Refund on Amount of Tax)

Article 64 (Security for Tax Payment)

CHAPTER VI LOCAL CONSUMPTION TAX

Article 65 (Objects of Taxation)

Article 66 (Persons Liable to Pay Tax)

Article 67 (Places for Tax Payment)

Article 68 (Persons Liable for Special Collection)

Article 69 (Tax Base and Amount of Tax)

Article 70 (Tax Returns, Payment, etc.)

Article 71 (Payment)

Article 72 (Special Cases concerning Imposition, Collection, etc.)

Article 73 (Mutatis Mutandis Application of the Value-Added Tax Act)

CHAPTER VII RESIDENT TAX

Section 1 Common Provisions

Article 74 (Definitions)

Article 75 (Persons Liable to Pay Tax)

Article 76 (Places for Tax Payment)

Article 77 (Non-Taxation)

Section 2 Per Capita Portion

Article 78 (Tax Rates)

Article 79 (Collection Methods, etc.)

Article 79-2 (Provision of Taxation Data for Resident Tax)

Section 3 Pro Rata Business Place Portion

Article 80 (Tax Base)

Article 81 (Tax Rates)

Article 82 (Calculation of Tax Amount)

Article 83 (Methods of Collection, Payment Due Date, etc.)

Article 84 (Duty to Report)

Section 4 Employee Portion

Article 84-2 (Tax Base)

Article 84-3 (Tax Rates)

Article 84-4 (Requirement for Tax Exemption)

Article 84-5 (Support for Employment of Small and Medium Enterprises)

Article 84-6 (Methods of Collection and Period of Payment)

Article 84-7 (Duty to Report)

CHAPTER VIII LOCAL CONSUMPTION TAX

Section 1 Common Provisions

Article 85 (Definitions)

Article 86 (Persons Liable to Pay Taxes, etc.)

Article 87 (Scope and Classification of Local Income)

Article 88 (Taxable Period and Business Year)

Article 89 (Places for Tax Payment)

Article 90 (Non-Taxation)

Section 2 Local Income Tax on Global Income and Retirement Income of Residents

Article 91 (Tax Base)

Article 92 (Tax Rates)

Article 93 (Order of Calculation of Tax and Special Cases)

Article 94 (Tax Credit and Tax Reduction or Exemption)

Article 95 (Final Return of Tax Base and Tax Payment)

Article 96 (Amended Return, etc.)

Article 97 (Determination and Correction)

Article 98 (Determination of Occasional Imposition)

Article 99 (Additional Tax)

Article 100 (Collection and Refund)

Article 101 (Refund Following Retroactive Deductions for Losses)

Article 101-2 Deleted.

Article 102 (Special Provisions on Taxation on Shared Place of Business)

Section 2-2 Local Income Tax on Financial Investment Income of Residents

Article 102-2 (Tax Base)

Article 102-3 (Tax Rates)

Article 102-4 (Order of Computation of Tax Amount)

Article 102-5 (Tax Credit and Tax Reduction or Exemption)

Article 102-6 (Preliminary Return and Payment)

Article 102-7 (Final Tax Base Return and Payment)

Article 102-8 (Amended Return, Determination, Correction, Occasional Imposition, Collection, and Refund)

Section 3 Local Income Tax on Capital Gains of Residents

Article 103 (Tax Base)

Article 103-2 (Order of Computation of Tax Amount)

Article 103-3 (Tax Rates)

Article 103-4 (Tax Credit and Tax Reduction or Exemption)

Article 103-5 (Preliminary Tax Base Return and Payment)

Article 103-6 (Calculation of Tax Amount in Preliminary Tax Return)

Article 103-7 (Final Tax Base Return and Payment)

Article 103-9 (Amended Return, Determination, Correction, Occasional Imposition, Collection, Refund, Conversion Value, etc.)

Section 4 Local Income Tax on Income of Nonresidents

Article 103-10 (Methods of Taxation on Non-Residents)

Article 103-11 (General Taxation on Non-Residents)

Article 103-12 (Separate Taxation on Non-Residents)

Section 5 Special Collection of Tax on Personal Local Income

Article 103-13 (Obligations to Perform Special Collection)

Article 103-14 (Additional Tax on Non-Performance of Obligations to Perform Special Collection)

Article 103-15 (Refund upon Year-End Tax Adjustment on Special Collection, etc.)

Article 103-16 (Refund on Specially Collected Local Income Tax on Retirement Income, etc.)

Article 103-17 (Special Collection by Tax Associations)

Article 103-18 (Special Cases of Special Collection concerning Income of Non-Residents Generated in the Republic of Korea)

Section 6 Local Income Tax on Income of Korean Corporations in Each Business Year

Article 103-19 (Tax Base)

Article 103-20 (Tax Rates)

Article 103-21 (Computation of Tax Amount)

Article 103-22 (Tax Credit and Tax Reduction or Exemption)

Article 103-23 (Final Return and Payment concerning Tax Base and Tax Amount)

Article 103-24 (Amended Return, etc.)

Article 103-25 (Determination and Correction)

Article 103-26 (Determination of Occasional Imposition)

Article 103-27 (Collection and Refund)

Article 103-28 (Refund on Retroactive Deduction of Losses)

Article 103-29 (Responsibility for Special Collection)

Article 103-30 (Additional Tax)

Article 103-31 (Special Cases concerning Corporate Local Income Tax on Capital Gains from Land, etc. and Unappropriated Earnings of Enterprises)

Article 103-32 (Special Taxation on Nonprofit Korean Corporations)

Section 7 LOCAL INCOME TAX ON INCOME OF KOREAN CORPORATIONS IN EACH CONSOLIDATED BUSINESS YEAR

Article 103-33 (Application, etc. of Methods of Consolidated Tax Payment)

Article 103-34 (Tax Base)

Article 103-35 (Calculated Amount of Consolidated Tax)

Article 103-36 (Tax Credit and Tax Reduction or Exemption)

Article 103-37 (Consolidated Tax Base Return and Payment of Consolidated Corporate Local Income Tax Amount)

Article 103-38 (Modified Tax Return, Determination, Correction, Collection, etc.)

Article 103-39 (Additional Tax)

Article 103-40 (Application of Provisions Related to Small and Medium Enterprises)

Section 8 Local Income Tax on Income from Liquidation of Korean Corporations

Article 103-41 (Tax Base)

Article 103-42 (Tax Rates)

Article 103-43 (Tax Return on Tax Base and Payment of Tax Amount)

Article 103-44 (Determination and Correction)

Article 103-45 (Collection)

Article 103-46 (Special Taxation on Income from Liquidation)

Section 9 Local Income Tax on Income of Foreign Corporations in Each Business Year

Article 103-47 (Tax Base)

Article 103-48 (Tax Rates)

Article 103-49 (Special Taxation on Capital Gains from Land, etc. of Foreign Corporations)

Article 103-50 (Special Taxation on Business Places of Foreign Corporations in Republic of Korea)

Article 103-51 (Reporting, Payment, Determination, Correction, Collection, and Special Cases)

Article 103-52 (Special Cases of Special Collection or Collection from Foreign Corporations)

Section 10 Special Taxation of Partnership Enterprises

Article 103-53 (Partnership Enterprises' and Business Partners' Obligations to Pay Taxes)

Article 103-54 (Distribution of Partnership Enterprises)

Article 103-55 (Transfer of Equity Stakes in Partnership Enterprises)

Article 103-56 (Special Collection from Business Partners Who Are Non-Residents or Foreign Corporations)

Article 103-57 (Additional Tax on Partnership Enterprises)

Section 11 Local Income Tax on Income for Each Business Year from Trust Property Subject to Corporate Taxation

Article 103-58 (Corporate Local Income Tax on Trust Property Subject to Corporate Taxation)

Section 12 Supplementary Provisions

Article 103-59 (Notification of Tax Amount, etc. Related to Local Income Tax)

Article 103-60 (Exemption from Collection of Small Amount)

Article 103-61 (Special Cases of Application of Additional Tax)

Article 103-62 (Special Cases on Settlement of Specially Collected Corporate Local Income Tax)

Article 103-63 (Additional and Payment of Corporate Local Income Tax)

Article 103-64 (Special Cases concerning Correction of False Accounting Entries)

Article 103-65 (Special Cases concerning Calculation of Tax Amount for Disaster Losses)

CHAPTER IX PROPERTY TAX

Section 1 Common Provisions

Article 104 (Definitions)

Article 105 (Objects of Taxation)

Article 106 (Classification of Land and Houses Subject to Taxation)

Article 106-2 (Feasibility Assessment, etc. of Land Subject to Separate Taxation)

Article 107 (Persons Liable to Pay Tax)

Article 108 (Places for Tax Payment)

Article 109 (Non-Taxation)

Section 2 Tax Bases and Rates

Article 110 (Tax Base)

Article 111 (Tax Rates)

Article 111-2 (Special Cases on Tax Rates on One House Per Household)

Article 112 (Property Tax on Urban Areas)

Article 113 (Application of Tax Rates)

Section 3 Imposition and Collection

Article 114 (Tax Base Date)

Article 115 (Payment Period)

Article 116 (Collection Methods, etc.)

Article 117 (Payment in Kind)

Article 118 (Payment in Installments)

Article 118-2 (Deferral of Payment)

Article 119 (Non-Collection of Small Amount)

Article 119-2 (Duty of Payment of Tax in Kind of Trustee of Trust Property)

Article 119-3 (Special Taxation for Confucian Schools and Religious Organizations)

Article 120 (Duty to Report)

Article 121 (Keeping Property Tax Ledgers, etc.)

Article 122 (Ceiling of Tax Burden)

Article 123 (Establishment, etc. of Organization Exclusively Responsible for Real Estate Taxation Data Analysis)

CHAPTER X MOTOR VEHICLE TAX

Section 1 Motor Vehicle Tax on Possession of Automobile

Article 124 (Definition of Automobile)

Article 125 (Persons Liable to Pay Tax)

Article 126 (Non-Taxation)

Article 127 (Tax Bases and Tax Rates)

Article 128 (Payment Period and Collection Methods)

Article 129 (Obligation to Pay Tax for Acquisition by Succession)

Article 130 (Calculation of Amount of Tax Imposed Occasionally)

Article 131 (Seizure of Vehicle Registration Plates)

Article 132 (Presentation of Tax Payment Certificate, etc.)

Article 133 (Disposition on Default)

Article 134 (Exclusion from Tax Exemption Provisions)

Section 2 Motor Vehicle Tax on Driving of Motor Vehicles

Article 135 (Persons Liable to Pay Tax)

Article 136 (Tax Rates)

Article 137 (Tax Returns, Payment, etc.)

Article 137-2 (Security for Tax Payment, etc.)

Article 138 (Special Cases concerning Raising Objections, etc.)

Article 139 (Mutatis Mutandis Application of the Traffic, Energy and Environment Tax Act)

Article 140 (Notification of Amount of Tax)

CHAPTER XI LOCAL RESOURCE AND FACILITY TAX

Section 1 Common Provisions

Article 141 (Purpose)

Article 142 (Subject to Taxation)

Article 143 (Persons Liable to Pay Tax)

Article 144 (Places of Tax Payment)

Article 145 (Non-Taxation)

Section 2 Tax Bases and Rates

Article 146 (Tax Bases and Tax Rates)

Section 3 Imposition and Collection

Article 147 (Imposition and Collection)

Article 148 (Non-Collection of Small Amount)

CHAPTER XII LOCAL EDUCATION TAX

Article 149 (Purpose)

Article 150 (Persons Liable to Pay Tax)

Article 151 (Tax Bases and Tax Rates)

Article 152 (Tax Returns, Payment, Imposition and Collection)

Article 153 (Additional Collection of Insufficient Amount of Tax and Additional Tax)

Article 154 (Refund)

ADDENDA <Act No. 10221, Mar. 31, 2010>

ADDENDA <Act No. 10252, Apr. 12, 2010>

ADDENDA <Act No. 10340, Jun. 4, 2010>

ADDENDA <Act No. 10361, Jun. 8, 2010>

ADDENDA <Act No. 10416, Dec. 27, 2010>

ADDENDA <Act No. 10469, Mar. 29, 2011>

ADDENDA <Act No. 10924, Jul. 25, 2011>

ADDENDA <Act No. 11108, Dec. 2, 2011>

ADDENDA <Act No. 11110, Dec. 2, 2011>

ADDENDA <Act No. 11124, Dec. 31, 2011>

ADDENDA <Act No. 11137, Dec. 31, 2011>

ADDENDA <Act No. 11617, Jan. 1, 2013>

ADDENDA <Act No. 11690, Mar. 23, 2013>

ADDENDA <Act No. 11873, Jun. 7, 2013>

ADDENDA <Act No. 12118, Dec. 26, 2013>

ADDENDA <Act No. 12153, Jan. 1, 2014>

ADDENDA <Act No. 12505, Mar. 24, 2014>

ADDENDA <Act No. 12602, May 20, 2014>

ADDENDA <Act No. 12738, Jun. 3, 2014>

ADDENDA <Act No. 12801, Oct. 15, 2014>

ADDENDA <Act No. 12844, Nov. 19, 2014>

ADDENDA <Act No. 12855, Dec. 23, 2014>

ADDENDA <Act No. 12954, Dec. 31, 2014>

ADDENDA <Act No. 13425, Jul. 24, 2015>

ADDENDA <Act No. 13427, Jul. 24, 2015>

ADDENDA <Act No. 13636, Dec. 29, 2015>

ADDENDA <Act No. 13796, Jan. 19, 2016>

ADDENDA <Act No. 13797, Jan. 19, 2016>

ADDENDA <Act No. 13805, Jan. 19, 2016>

ADDENDA <Act No. 14033, Feb. 29, 2016>

ADDENDA <Act No. 14116, Mar. 29, 2016>

ADDENDA <Act No. 14474, Dec. 27, 2016>

ADDENDA <Act No. 14475, Dec. 27, 2016>

ADDENDA <Act No. 14476, Dec. 27, 2016>

ADDENDA <Act No. 14567, Feb. 8, 2017>

ADDENDA <Act No. 14569, Feb. 8, 2017>

ADDENDA <Act No. 14839, Jul. 26, 2017>

ADDENDA <Act No. 15292, Dec. 26, 2017>

ADDENDA <Act No. 15335, Dec. 30, 2017>

ADDENDA <Act No. 16008, Dec. 24, 2018>

ADDENDA <Act No. 16113, Dec. 31, 2018>

ADDENDA <Act No. 16194, Dec. 31, 2018>

ADDENDA <Act No. 16568, Aug. 27, 2019>

ADDENDA <Act No. 16663, Dec. 3, 2019>

ADDENDA <Act No. 16855, Dec. 31, 2019>

ADDENDA <Act No. 17473, Aug. 12, 2020>

ADDENDA <Act No. 17651, Dec. 22, 2020>

ADDENDA <Act No. 17757, Dec. 29, 2020>

ADDENDA <Act No. 17769, Dec. 29, 2020>

ADDENDA <Act No. 17893, Jan. 12, 2021>

ADDENDA <Act No. 18294, Jul. 8, 2021>

ADDENDA <Act No. 18544, Dec. 7, 2021>

ADDENDA <Act No. 18655, Dec. 28, 2021>

ADDENDA <Act No. 18957, Jun. 10, 2022>

ADDENDA <Act No. 19230, Mar. 14, 2023>

ADDENDA <Act No. 19430, Jun. 9, 2023>

ADDENDA <Act No. 19634, Aug. 16, 2023>

ADDENDA <Act No. 19860, Dec. 29, 2023>