(1) A simplified taxable person shall return the tax base and the amount of tax payable for each taxable period to the head of the tax office having jurisdiction over his or her place of tax payment, as prescribed by Presidential Decree, within 25 days after the end of the taxable period (in cases of the closing of business, not later than the 25th day of the month following the month that includes the date business is closed under Article 5 (3)), and shall pay the tax to the head of a tax office having jurisdiction over his or her place of tax payment or the Bank of Korea, etc.
(2) If a simplified taxable person pays a value-added tax under paragraph (1), he or she shall pay the tax after deducting the amount he or she has paid under the main clause of Article 66 (1) and paragraph (5) of that Article. <Amended on Dec. 22, 2020>
(3) A simplified taxable person shall submit a sum table of tax invoices by customer and by seller at the time of filing the relevant return under paragraph (1). <Amended on Dec. 22, 2020>