Corporate Tax Act — Article 95 (Tax rate)

Corporate tax on income for each business year of a foreign corporation provided in Article 91 (1) and a foreign corporation provided in paragraph (2) or (3) of the same Article which have domestic source income accrued from transfer of real estate, etc. in subparagraph 7 of Article 93 shall be the amount calculated by applying Article 55 to the tax base prescribed in Article 91 (where there exist corporate tax on capital gains on transfer of land, etc. under Article 95-2, such corporate tax shall be added to the aforementioned corporate tax). <Amended on Dec. 24, 2018>[This Article Wholly Amended on Dec. 30, 2010]