LIQUOR TAX ACT

CHAPTER I GENERAL PROVISIONS

Article 1(Purpose) #

The purpose of this Act is to prescribe the requirements and procedures for imposing liquor tax in order to impose liquor taxes fairly, ensure the proper fulfillment of tax liability, and contribute to the smooth raising of the financial revenue.

Article 2(Definitions) #

The terms used in this Act are defined as follows: <Amended on Aug. 8, 2023>

1. The term "alcoholic beverages" means the following:

(a) Spirits (referring to ethyl alcohol which can become drinkable when diluted, and including crude spirits which may become drinkable, if purified, though not made directly drinkable due to impurities contained);

(b) Beverages with at least one percent alcohol content [including those in powder state that can become drinkable when dissolved, but excluding drugs defined in the Pharmaceutical Affairs Act and seasoned food containing alcohol prescribed by Presidential Decree)

2. The term "alcohol content" means the amount of ethyl alcohol (referring to what has a specific gravity of 0.7947 at 15℃) contained in the total volume;

3. The term "specifications of alcoholic beverage" means the following classification criteria of alcoholic beverages:

(a) Quantity of raw materials used for the manufacture of alcoholic beverages;

(b) Kind and ratio of materials that can be added to alcoholic beverages;

(d) Period of storage of alcoholic beverages in wooden casks;

(e) Filtering method of alcoholic beverages;

(f) Other classification criteria of alcoholic beverages;

4. The term "nonvolatile ingredients" means non-volatile ingredients contained in the total volume;

5. The term "malt" means cultivated and proliferated yeast that can ferment sugar-containing materials into alcohol;

Article 1(Purpose) #

Article 2(Definitions) #

Article 3(Taxpayer) #

Article 4(Objects of taxation) #

Article 5(Kinds of alcoholic beverages) #

Article 6(Specifications of alcoholic beverages) #

Article 7(Tax base) #

Article 8(Tax rate) #

Article 9(Declaration of tax base) #

Article 10(Payment) #

Article 11(Deadline for payment) #

Article 20(Tax exemption) #

Article 21(Security and guarantee for liquor tax) #

Article 22(Appropriation of alcoholic beverages provided as security for tax payment for liquor tax) #

Article 23(Retention of alcoholic beverages provided as security for tax payment) #

Article 24(Application mutatis mutandis of the National Tax Collection Act) #

Article 25(Inquiry or inspection) #

Article 26(Application to entrustment of manufacture of liquor) #

Article 27(Administrative fines) #