South Korea: Tax residence 183-day rule and worldwide-income basis clarified for non-citizen long-term residents

Mon, 01 Jan 2024 00:00:00 GMT
Taxation

South Korea — The Korean National Tax Service issued clarifying guidance on the 183-day-per-year tax-residence test and the worldwide-income basis for long-term non-Korean residents. Specifically clarifies the application to F-1-D Workation visa-holders (who are typically non-residents for tax purposes) and to E-7 / D-8 holders crossing the residence threshold.
Who it affects: F-1-D, E-7, and other long-term non-Korean residents.