South Korea

On 21 October 2026, the South Korean National Tax Service (NTS) issued an administrative pre-announcement regarding a partial amendment to the Income Tax Office Processing Regulations (소득세사무처리규정). This pre-announcement, managed by the Income Tax Division (소득세과), initiates the mandatory 20-day public consultation period required under the Administrative Procedures Act. The amendment aims to update procedural

On 6 October 2026, the Korean National Tax Service (NTS) issued Notice No. 2026-112 through its VAT Division, announcing an administrative extension of the value-added tax (VAT) payment deadline for eligible taxpayers. This measure is enacted under the authority of the Framework Act on National Taxes and the Value-Added Tax Act, allowing the tax authority

On 2 October 2026, the National Tax Service (NTS) issued Announcement No. 2026-27, officially defining the scope of tax documents eligible for electronic delivery under the Framework Act on National Taxes. This regulation expands the range of notices, demands, and certificates that tax authorities may serve electronically, replacing paper-based delivery for both domestic and foreign

On 17 September 2026, the Korean National Tax Service (NTS) published an administrative pre-announcement for the establishment of the “Personnel Management Regulation for Fixed-Term Workers of the Non-Tax Revenue Delinquency Management Division” under the jurisdiction of the Non-Tax Revenue Integrated Collection Preparation Group. This regulation sets forth the hiring, performance evaluation, working conditions, and disciplinary

On 17 September 2026, the National Tax Service (NTS) of South Korea published an administrative pre-announcement for the enactment of the “Personnel Management Regulation for Fixed-Term Workers of the National Tax and Non-Tax Revenue Delinquency Management Division” (hereinafter the “Regulation”). This move follows the government’s decision to establish a dedicated Preparation Team for Integrated Collection

On 31 August 2026, the Korean National Tax Service (NTS) published Announcement No. 2026-26, revising the compliance obligations for businesses that build and operate electronic (tax) invoice systems. This update replaces the previous Notice No. 2026-18 issued in May 2026, reflecting the rapid evolution of the country’s mandatory e-invoicing infrastructure. The notice details technical standards

International tax authority considerations for 2026 Disclaimer:This article is compiled and summarized based on publicly available information and is for general information and academic exchange purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. For tax planning, please consult a qualified professional tax advisor or legal

On August 19, 2026, the Korean National Tax Service (NTS) announced comprehensive tax relief measures targeting small and medium-sized enterprises (SMEs) located in flood-affected areas of southern South Korea, particularly focusing on the Geoje region and other southern coastal jurisdictions recently devastated by severe rainfall and subsequent flooding. The announcement forms part of the government’s

The NTS provides tax relief for businesses affected by recent flooding. Disclaimer:This article is compiled and summarized based on publicly available information and is for general information and academic exchange purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. For tax planning, please consult a qualified

The National Tax Service warns of hacking emails impersonating tax authorities. Readers are advised to verify sender authenticity and avoid clicking suspicious links. Disclaimer:This article is compiled and summarized based on publicly available information and is for general information and academic exchange purposes only. It does not constitute any form of formal tax advice, legal