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It usually contains earnings derived from occasional activities that a taxpayer would not intend to continue, and revenue earned from temporary activities with out employment. Economic income, such as interest and dividends, shall be subject to global taxation in circumstances exactly where the annual financial earnings exceeds KRW 20 million. Gains from the disposal of foreign assets (except for foreign shares) are taxable where the transferor has been a Korean resident for five years or extra at the time of sale. There are certain elements of income on which the government has waived its taxing rights, irrespective of whether or not an application for exemption is filed by an individual.

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