Comments on: Lighter Paycheque? http://socius.or.kr/2010/02/22/lighter-paycheque/ to do & know in daejeon Mon, 05 Dec 2011 07:40:54 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: andy http://socius.or.kr/2010/02/22/lighter-paycheque/comment-page-1/#comment-6660 andy Fri, 10 Feb 2012 00:34:00 +0000 http://socius.or.kr/?p=2759#comment-6660 This is interesting, not sure if there was a typo, or a misstatement. Most likely I'm probably missing some info, but from the source article... The top line, just below the headline: "February 20, 2010 Expats earning less than 100 million won ($86,133) a year will likely pay more taxes this year than last year because the government is ending a special tax benefit that foreigners had received. " Later in the source article, but not quoted above: "'It varies from person to person, but it is likely that foreigners with less than 100 million won in income will pay more taxes from this year,' said an NTS official. ...'The 15 percent rule is scheduled to expire in 2012.." The NTS official goes on to say they might extend the tax break... A thoroughly confusing article though not quite as definite, also not definitely as soon as the date, this post indicates; the source article raises more questions than it answers. This is interesting, not sure if there was a typo, or a misstatement. Most likely I’m probably missing some info, but from the source article…

The top line, just below the headline: “February 20, 2010
Expats earning less than 100 million won ($86,133) a year will likely pay more taxes this year than last year because the government is ending a special tax benefit that foreigners had received. ”

Later in the source article, but not quoted above: “‘It varies from person to person, but it is likely that foreigners with less than 100 million won in income will pay more taxes from this year,’ said an NTS official. …’The 15 percent rule is scheduled to expire in 2012..” The NTS official goes on to say they might extend the tax break…

A thoroughly confusing article though not quite as definite, also not definitely as soon as the date, this post indicates; the source article raises more questions than it answers.

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