South Korea extends VAT to foreign cloud computing
- Aug 4, 2018 | Richard Asquith
The Republic of Korea (South Korea) has extended the scope of VAT to non-resident B2C providers of cloud computer services. This new liability will come into force on 1 July 2019.
South Korea made non-resident providers of streaming media, video, music, games etc. liable to VAT in July 2015. This mirrored changes in Japan and other parts of the world.