Technical insights and deep-dives in Tax.
A tool for calculating vehicle tax based on engine displacement, vehicle type, and model year. Covers discount rates for annual prepayment applications, payment schedules, and the basis for vehicle tax assessment.
A complete guide to Korea's four mandatory social insurances — National Pension, Health Insurance (including Long-term Care), Employment Insurance, and Industrial Accident Insurance. Covers 2024 contribution rates, employer vs. employee splits, eligibility thresholds, benefits, and how freelancers calculate premiums as regional subscribers.
A complete guide to Korea's real estate acquisition tax — rates by number of homes owned (1st home 1%, 3+ homes 12%), how homes are counted, first-time buyer exemptions (up to ₩2M), newlywed and multi-child household discounts, and how additional levies like the local education tax and special rural tax stack up.
Everything you need to know about South Korea's capital gains tax before selling property — how to calculate taxable gain, the single-household one-home exemption, long-term holding deductions, multi-home surcharges, and key provisions of the Income Tax Act. Includes an interactive calculator.
South Korea's cryptocurrency capital gains tax took effect January 1, 2025. This guide covers the ₩2.5M annual exemption, 22% rate, taxable income types (Bitcoin, altcoins, NFTs, airdrops, staking), cost basis calculation using the moving average method, loss netting, filing procedures, and legal tax strategies.
What self-employment tax is, how to file Schedule C, the difference between the standard deduction and actual expense tracking, tax-saving strategies, and key IRS rules every freelancer must know — a complete guide to US freelancer taxes.