Taxpayers can handle tax affairs online at home or office without visiting tax offices. Taxpayers who visit tax offices can go through the entire process of application services using electronic pens. A total of 39 types of online certificates are issued as certificates of tax payment. Documents may also be certified for business license or registration, temporary closing, tax payment and amount of incomes. The scheme includes a total of 14 tax types including income tax, corporate tax, VAT, withholding tax, individual consumption tax, liquor tax, stamp tax, and education tax. The system through which payments are made is HomeTax.
Major achievements of HomeTax
Shares of electronic tax filing through HomeTax and online certificate issuance are respectively 87.8% and 73%. KRW220 billion was saved in 2012 from the increased number of electronic tax-filing and issuing copies of certificates as well as from decreased amount of bill printing. KRW610 billion is saved in service applicants’ travel costs to tax offices. HomeTax has been exported to Sri Lanka (2010) and Mongolia (2011). Many tax-related websites that had been operated separately by service type such as payment, cash receipts and year-end tax adjustments will be integrated in order to fully achieve a one-stop tax administration. In 2006 HomeTax was the Best Practice in Electronic Tax Administration by OECD.
