Reference Guide. * Korean won ** Before applying the local income tax. Hello, I am working with a partner in Korea, and we are forming a new company. In Korea, two types of Tax Identification Number (TIN) are used for filing tax returns: a Resident Registration Number and a Business Registration Number. Foreign Taxpayer Service Desks: These service desks provide one-stop tax services for foreign taxpayers in a number of district tax offices. Tax Payer Identification Number Unique Taxpayer Reference Number (UTR) ... Korea Brazil Philippines Malaysia REPU BLI C OF THE PHIL IPPINES DEPARTMENT ... Card 12345 67890 The following are examples of TINs from some of the countries where our customers may have foreign tax residency. What is the change? TABLE OF CONTENTS . In order to do so, they must file an application with the local tax authority. For individuals, it is determined on the basis of personal data and is made up of an expression of 16 alphanumeric characters. %���� �d*���ʛ8�B��'����O�ؑ�'Q�iD^?�滴l=�6��Dy�|^:ÿ�����Q�F��,G�V�t�C�ߢ/c��e��"ףziyD��8��>F-�(�J�Q 6���2�,��@�� Foreign employees or executive officers who began work in Korea on or after 1 January 2014 may elect to apply for the flat tax rate of 20.9% (including local income tax surcharge of 1.9%). <> Foreign Tax Identification Number (“FTIN”) As calendar year 2019 is quickly coming to an end, we wanted to remind US offices and branches of financial institutions, like US banks and US investment entities, that Forms W-8 (except for a Form W-8IMY), without a valid %PDF-1.5 While most individuals can use a Social Security number, most businesses need an IRS-issued taxpayer identification number. Seoul: all 24 district tax offices Korean Taxpayer Identification Number. We need a taxpayer ID number for Korea. 1. Both identifiers are unique and personal to the individual concerned. - A Korean male is 1 - A Korean female is 2 - A Foreign male is 5 - A Foreign female is 6 For a variety of reasons, computers, government documents, family registers, etc. Foreign (Non-U.S.) Vendor Tax Information . It is similar to the European Union’s VAT system, requiring re-calculation and payments to the tax authorities at each transaction point in the onward sales chain. Visas/permits affected: Special work permits and all other work permits. IDENTIFICATION NUMBER GUIDELINES FOREIGN NATIONAL INDIVIDUAL TAXPAYER This program is designed for persons residing in the U.S. who cannot produce a current visa or green card but can demonstrate payment of federal taxes via their Individual Taxpayer Identification Number (ITIN). An Individual Taxpayer Identification Number, or ITIN, is an identification number issued to people who are not eligible for a social security number. 1. accept only a 1 or 2 in the 7th position in the 13 number series. 29 Jan 2009, 08:48 Don. To be able to pay their income tax and get their income tax return, foreign persons have two options; They can obtain an SSN by filing Form SS-T with the Social Security Administration, or, they can apply for an Individual Taxpayer Identification number, using the Form W-7. 1 0 obj %PDF-1.7 IMPACT – MEDIUM. %���� IRS Tax Forms in the W-8 Series (W-8BEN, W-8BEN-E, W-8ECI, W-8EXP, W-8IMY) International vendors must submit a US withholding certificate (W-8 series of forms) with an Employer Identification Number (EIN), Individual Taxpayer Identification Number (ITIN) or Social Security Number (SSN) in order to claim an exemption from or reduction in withholding. x��=]��6���ࣴ塉O�[)W�Nr���u��ݹjs������LF�M|��� I�hJ#���K"�n ݍ�B����L�!��Թ��46�&�:��������K�}�,{���7߼����o������l��]��a��U��۷��n�B��������ߋL��^~|�Ld�~Qe^ج�0��.{���>��x�쟋���?//�b�^�bA����ay�ܷ����˿=�@����G�#c��*W%��7E�ƾ:`tjX��[�]�]���o`�=�o�ݏo��.�T#,������ T%t���T����J��^�����q��qx�U�r$�8��X���n�T�/HE��vq����~\^ �b�w��{�q��4촭��.mw͔_&�fL^k�f�q ��g���ǿ��e��湄���PB�:�P�#ϣ�byn�q )Pۑ9���s�st�A����b�=�s�q��d^�.K)��5C݁7q �H�Ӥ xh�+=���z�ځ�4�lD�����d��)L^���~1[��~�@'[email protected]!Y�? For a valid tax treaty exemption, the recipient must provide a U.S. tax identification number on line 8 or Foreign tax identification number on line 9b. 3 0 obj Foreign Tax Identification Number. A taxpayer identification number is a 9-digit identifier. endobj The following tax table summarises the basic global income tax rates applicable for the income received from 1 January 2018 and thereafter. An ITIN allows you to file a tax return and is issued by the IRS after you fill out Form W-7. 9XX-7X-XXXX). 고용주 식별번호 (Employer Identification Number; 약자로 EIN)는 ‘연방 세무 식별번호’ (federal tax identification number) 라고도 불리며, 사업체를 식별하는 번호입니다. <>stream �����=G3zȹ�� 60��mM�RM�g}�GU&��T�.t�uE��_��H�~���:l_j�@�%����(��Q>d�,�e�K��H-�XO; h:����� Unique Taxpayer Reference (UTR) The UTR may be found on the front page of the tax return (form SA100) as shown in the example below: endobj Ն�n��؅.A�X��O�w�������iz�z �$�z��ؕF�� ����:g�*����� D]��ZwT#D ��(MS^�p�G(�E�#薈���=Z��@�8��b�Xq �hZ�L(�\�r�����u��ޱ��q�Q{� Q����̥�*�'ˀ�S�tX�'�t�w�o�%�Ȧh���jw���L�[�gbU���QQ��� ����k[b��� b The government is looking to introduce the use of tax identification numbers for those aged 18 and above by 2021. - Tax Reference Number Thailand Tax ID Number This information is subject to change but is believed to be correct as at 07/06/2017 Tax Identification Number (TIN). 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