Income Tax Act — Article 144-3 (Return on Income Deduction, etc. for Year-end Tax Settlement of Business Income Earner)

Where a business entity intends to have global income deduction, the tax credit for children, the tax credit for pension accounts, and special tax credits when making the year-end tax settlement under Article 144-2, he/she shall submit a return on income deduction and tax credits for the business income earner to the withholding agent, as prescribed by Presidential Decree, before he/she receives the business income for February of the year following the relevant taxable period (referring to any time before he/she receives the business income for the month in which he/she terminated a contract made with the withholding agent, if he/she terminated the contract). <Amended by Act No. 11611, Jan. 1, 2013; Act No. 12169, Jan. 1, 2014>[This Article Newly Inserted by Act No. 9897, Dec. 31, 2009]