Statutory Deadline Management in South Korea
Missing official statutory tax filing deadlines in South Korea triggers statutory non-filing surcharges (20%) and immediate forfeiture of refundable tax credits.
- Overseas Stock 2.5M KRW Capital Gains Exemption: Requires trade settlement (T+2) prior to December 28th to register in the current tax year.
- May Comprehensive Income Tax: Mandatory for expats with non-salary or global passive income above 20M KRW.
- September Property Tax Special Election: Joint-ownership couples must submit formal election forms to lock in the 1.4B KRW single-home deduction.
Simulate 10-year compounding returns across 6 major assets Open Asset Compounding Battle ➔