The Korean Revenue Service (KRS) is the government agency responsible for tax collection and enforcement in South Korea. It ensures that individuals and businesses comply with tax laws, promoting fair taxation and financial transparency. The KRS also provides guidance and support to taxpayers, helping them understand their obligations. In addition to tax collection, the KRS plays a vital role in economic policy by analyzing tax data and trends. This information helps the government make informed decisions about fiscal policies and public spending, ultimately contributing to the country's economic stability and growth.