South Korea extends VAT to foreign cloud computing

Sun 5th Aug 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 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.



Click for free South Korean VAT info