VATLive > Blog > VAT > South Korea extends VAT to foreign cloud computing - Avalara

South Korea extends VAT to foreign cloud computing

  • VAT
  • 05 August 2018 | Richard Asquith

South Korea extends VAT to foreign cloud computing

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.

Latest South Korean news
South Korea extends VAT to foreign cloud computing
August 5, 2018

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...
South Korea e-service foreign intermediaries VAT liable
June 25, 2016

The South Korean tax office has ruled that non-resident online market place intermediaries are liable to collect VAT on e-services provided to consumers. This obligation...
South Korea import VAT deferment
January 25, 2016

South Korea is to become the latest country to offer an import VAT deferment scheme to help mitigate cash flow management for importers. The proposal...

VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.