You can consult about various things such as real estate taxes through the National Tax Service Hometax Customer Center, and you can also report and report various things such as tax evasion.
Now, let’s find out about the National Tax Service Hometax Customer Center phone number and consultation-related operating hours.
National Tax Service Hometax Customer Center Phone Number
The National Tax Service Hometax Customer Center offers phone and online consultations.
If you ask a question in the consultation and reporting menu on the Hometax homepage, a professional consultant will check the content and provide an appropriate answer.
General consultation hours
are from 9:00 AM to 6:00 PM on weekdays,
and various reports such as tax evasion are available 24 hours a day, but they are recorded.
The National Tax Service Hometax Customer Center phone consultation contact number is 126 without the area code. The call fee is the regular call rate.
Call 123 and select a number according to the voice guidance.
Frequently used short codes are
For cash receipt related consultations, dial 126 → 1 → 1
For electronic tax invoice consultations, dial 126 → 1 → 2 → 1
For transfer, gift, and comprehensive tax reporting and payment consultations, dial 126 → 1 → 3 → 1
For tax law inquiries such as income deduction requirements, dial 126 → 1 → 5 → 1
For capital gains tax, securities transaction tax, and comprehensive real estate tax consultations, dial 126 → 2 → 1
For comprehensive income tax related tax law consultations, dial 126 → 2 → 4
For more information, please refer to the table below.
National Tax Service Hometax Customer Center Frequently Asked Questions
○ Capital gains tax
Capital gains tax is a tax levied on profits generated when individuals transfer real estate such as land or buildings, derivatives such as stocks, or transfer real estate rights such as subscription rights.
Types of assets subject to capital gains tax
– Real estate
Land, buildings (unregistered buildings and unlicensed buildings are also subject to taxation)
– Real estate rights
Rights to acquire real estate, surface rights, lease rights, etc.
– Stocks
Stocks of listed corporations transferred by major shareholders or stocks transferred by minor shareholders outside the securities market, etc.
– Other assets
Fixed assets for business use, goodwill, rights to use specific facilities, membership rights, specific stocks, etc.
– Derivatives
All derivatives related to stock indexes, etc.
When considered as a transfer
This refers to cases where the ownership of assets is transferred for consideration, such as through sale, exchange, or contribution in kind to a corporation.
When not considered as a transfer
This refers to cases where ownership is restored to its original state due to termination of a trust, cases where jointly owned land is divided and registered by owner, and cases where the land designation or land number is changed under the Urban Development Act.
Non-taxable cases where transfer tax is not imposed
If a single-family home is owned by one household and held for more than two years, transfer tax is not imposed.
However, transfer tax is imposed on expensive homes over 900 million won at the time of transfer.
Cases where transfer tax is reduced
If the requirements for reduction are met, such as acquiring long-term rental housing or newly built housing, land for public projects, or self-cultivated farmland for more than 8 years, the transfer income tax is reduced.
Reporting and paying transfer income tax
If real estate is transferred, it must be reported and paid to the tax office in charge of the address within two months from the end of the month in which the transfer date falls.
Confirmation report
If multiple real estates, etc. are transferred in the current year, a final report must be filed with the tax office in charge of the address between May 1 and May 31 of the following year.
However, if one transfer income occurs and the provisional report is completed, a final report does not need to be filed.
Payment of Capital Gains Tax in Installments
If the amount of tax to be paid exceeds 10 million won, you can pay part of the amount of tax to be paid in installments within 2 months after the due date.
– If the amount of tax to be paid is 20 million won or less,
You can pay in installments for the amount exceeding 10 million won.
– If the amount of tax to be paid exceeds 20 million won,
You can pay in installments for the amount of 50% or less of the amount of tax to be paid.
○ Issuance of cash receipt for automobile purchase costs
You cannot receive income deduction benefits when purchasing a new car.
However, you can receive income deduction benefits when purchasing a used car through a dealer by paying in cash or with a card.
The amount eligible for income deduction is 10% of the purchase price of the used car.
○ Information provided by the year-end tax settlement simplification
The year-end tax settlement simplification
is a simple service in which the National Tax Service collects and processes various income deduction certification documents required for year-end tax settlement from receipt-issuing institutions such as banks, schools, and hospitals on behalf of workers.
However, the deduction target and deduction limit, etc., must be checked by the deduction recipient.
If two or more family workers receive duplicate deductions for the same person as a dependent, or if a dual-income couple receives duplicate deductions for child support expenses, etc., and the deduction requirements are violated, additional taxes may be collected later.
This is the end of the National Tax Service Hometax phone number, available hours, and other frequently asked questions. I hope it was helpful.