The purpose of this Act is to contribute to ensuring the fair imposition of value-added tax and the reasonable fulfillment of the obligation to pay taxes and to facilitating the raising of financial revenue by prescribing the requirements and procedures for imposition of value-added tax.
Laws › Value-added Tax Act › CHAPTER I GENERAL PROVISIONS
Value-added Tax Act — Article 1 (Purpose)
부가가치세법 제1조
This English translation is based on the Korean text effective 2024-01-01. The Korean law has since been amended (current version effective 2026-01-02) — check the Korean original.
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