Questions tagged [south-korea]

For questions that relate to the laws, practices, and products of the South Korea.

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got some money on topcoder, possible tax rate calculation?

I competed in topcoder and got some money around ~500 $ and may get more If I'm really lucky in not yet reviewed submissions. But I found out that 30% of that money will be withheld as tax. I didn't ...
thkang's user avatar
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2 votes
0 answers
276 views

Saving diligently, but the amount of retirement fund seems too much

I recently achieved 100 million KRW (South Korean Won, about 86,000 USD) after a bit less than 5 years of work. I'm somewhat proud of myself for being diligent, but I'm afraid if this is not enough. ...
user2652379's user avatar
1 vote
0 answers
32 views

What would be the tax liability in Korea?

Scenario: Subject is a Spanish citizen (no other nationality). Learns Korean language in South Korea, staying in Korea with a D-4-1 visa (Student visa). The subject is not employee by any company (nor ...
Curious money person's user avatar
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Does investing global mutual funds with 15.4% foreign income tax worth it?

I'm living in Korea and already investing in global mutual funds with foreign income tax reduction benefits. But there is no investment with such benefit anymore. So I'm considering normal global ...
user2652379's user avatar
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416 views

Filling in Form 8802

I live in the United States. I will be working in Korea this summer (2015) for a month. I am on a J1 visa currently. I arrived in June 2013. For tax returns for 2013 and 2014 I submitted forms 1040NR....
Jesus Martinez Garcia's user avatar