(1) The amount of tax withheld from income generated at a place of joint business shall be distributed in accordance with the profit-and-loss distribution ratio of the respective joint business entities.
(2) The amount of tax related to a place of joint business as penalty tax amount pursuant to Article 81, 81-3, 81-4, 81-6, or 81-8 through 81-11 of this Act and Article 47-5 of the Framework Act on National Taxes shall be distributed according to the profit-and-loss distribution ratio of the respective joint business entities. <Amended by Act No. 10408, Dec. 27, 2010; Act No. 11146, Jan. 1, 2012; Dec. 31, 2019>
(3) Articles 160 (1) and 168 shall apply to a place of joint business considering such place of joint business as one business entity.
(4) When joint business entities make business registration in relation to their place of joint business pursuant to Article 168 (1) and (2) on their place of joint business, they shall file a report with the head of a tax office having jurisdiction over the seat of a place of joint business on the joint business entities (including matters concerning whether they are investment joint business entities), the agreed profit-and-loss distribution ratio, the representative joint business entity, details of shares and investment, and other necessary matters, as prescribed by Presidential Decree.
(5) Where any change is made to the details reported pursuant to paragraph (4), the representative joint business entity shall report the details of such change to the head of a tax office having jurisdiction over the seat of the relevant place of business, as prescribed by Presidential Decree.
(6) Matters necessary for a return, determination, reassessment or investigation, etc. on the amount of income for a place of joint business shall be prescribed by Presidential Decree.[This Article Wholly Amended by Act No. 9897, Dec. 31, 2009]