Law Firm 46013-1258 (Law Firm 494.05.02)
In the event that the additional deposit period is not less than two years, the principal of the savings is not more than 20 million won and the requirements for one account per person are met, the benefits of the tax-favored savings shall be received.
If the savings period is not less than two years, the savings principal is not less than two million won, and the savings principal is less than two million won and one single account is satisfied under paragraph (3) of the Addenda of the Enforcement Decree of the Regulation of Tax Reduction and Exemption Act (amended by the Presidential Decree No. 13987, Oct. 05, 1993), the additional tax credit benefits shall be granted
Paragraph 3 of the Addenda to the Enforcement Decree of the Tax Reduction and Exemption Control Act
1. A summary of the contents of inquiry;
○ In November 1991, the old-age pension trust savings subscribed to KRW 15 million, which is a tax-related maximum amount. (5 years of age) In the latter part of 1993, the amount of savings increased to KRW 20 million due to the amendment of the tax law in the latter part of 1993, whether it is possible to additionally subscribe to KRW 5 million and tax-related amount.
2. Relevant tax-related Acts and subordinate statutes (Acts, Enforcement Decree, Enforcement Rule, and General Provisions);
○ Paragraph 3 of the Addenda to the Enforcement Decree of the Tax Reduction and Exemption Control Act