The 3.3% Freelance Tax (원천징수) in Korea: How Foreigners Can Claim Full May Tax Refunds at Hometax
If you have worked as an international student, freelance language tutor, model, translator, or corporate contractor in South Korea, you have almost certainly encountered an unexpected payroll deduction: agreeing to an hourly rate of 20,000 KRW only to receive an electronic deposit that is exactly 3.3% lower than expected. Under South Korean Income Tax Act … Read more