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medical-taxAnswered

Why does South Korea's medical-expense tax credit feel compassionate in theory and still refuse to behave like a simple reimbursement system?

MY
Minji Yoo
June 5, 2026 1 answer
South Koreamedical expensestax creditNTS

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Taxpayers often hear that medical spending can generate a credit in Korea and immediately picture a fairly direct offset. Please explain why the real rule is more structured than that, why qualifying scope and calculation still matter, and why the credit is not the same thing as getting your healthcare bill half-refunded by tax law.

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