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Car Tax Refund: Don't Miss Out! Easy Refund Methods

  • Written Language: Korean
  • Country: All Countriescountry-flag
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Created: 2024-11-17

Created: 2024-11-17 02:08

Sold your car or had it scrapped and unsure how to get your car tax refunded?Car tax is a tax you pay for as long as you own a car. However, if you sell it used or scrap it, you only need to pay tax for the period you actually owned it, so you can get a refund for the remaining tax. This article will detail who is eligible for a car tax refund, how to apply, and what to watch out for.

Who is eligible for a car tax refund?

  • Used car sale: If you have sold your car and the ownership transfer is complete
  • Car scrapping: If you have scrapped your car and the registration has been cancelled

How do I apply for a car tax refund?

Car Tax Refund: Don't Miss Out! Easy Refund Methods

1. Online Application:

  • Seoul: eTax (etax.seoul.go.kr)
  • Other Regions: WeTax (wetax.go.kr)

You can easily apply by accessing these websites and using the local tax refund application menu.

2. In-person Application at the Tax Office:

  • Required Documents: Resident registration card, vehicle registration certificate (if scrapped), bank account statement
  • Visit: Visit your local tax office to apply in person

How long does a car tax refund take?

  • Online Application: Usually within 7 days
  • In-person Application at the Tax Office: Within 7 days (may vary depending on the local government)

Important things to know about car tax refunds!

  • Refund Period: Local tax refunds expire after 5 years, so you must apply within that time.
  • Refund Account: You must enter your bank account information accurately.
  • Jurisdictional Tax Office: You must confirm the tax office responsible for your residence.

Don't miss out on your car tax refund!

Applying for a car tax refund is simple and straightforward. By remembering a few key points, you can avoid missing out on this opportunity to get your money back.

Apply now to receive your refund!

FAQ

  • Q. By when do I need to apply for a car tax refund?
    • A. Local tax refunds expire after 5 years, so you must apply within 5 years.
  • Q. How long does it take to get a car tax refund?
    • A. You can usually receive a refund within 7 days, but this may vary depending on the local government.
  • Q. What documents are required for a car tax refund?
    • A. You will need your resident registration card, vehicle registration certificate (if scrapped), and bank account statement.

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