Article 18 (Scope of Other Income Exempt from Taxation)

"Prizes and awards prescribed by Presidential Decree" in Article 12 (5) (c) of the Act refers to any of the following. 1. Prize money and awards received by recipients of the Korea Science Academy Award under the 「Korea Science Academy Act」 or the Korea Arts Academy Award under the 「Korea Arts Academy Act」 2. Prize money and awards received by recipients of the Nobel Prize or awards from foreign governments, international organizations, international bodies, other foreign organizations or funds 3. Prize money and awards received by recipients of the Korea Culture and Arts Award under the 「Culture and Arts Promotion Act」 and awards bestowed by the Korea Culture and Arts Committee under the same Act using the Culture and Arts Promotion Fund 4. Prize money and awards received by recipients of prize-winning works in the Grand Art Exhibition of Korea 5. Prize money and awards received by recipients of sports awards under the 「National Sports Promotion Act」 6. Prize money and awards received by recipients of prize-winning works in science exhibitions held by the Ministry of Science and ICT 7. Prize money and awards received by recipients of awards bestowed by juridical persons established under special Acts with the approval of the head of the relevant central administrative agency 8. Prize money and awards received by persons selected as Master Craftsmen under the 「Quality Management and Industrial Product Safety Control Act」 (including those appointed as deputy masters) 9. Prize money received by employees from their employers, not exceeding 150,000 won per person, in relation to commendations received from heads of central administrative agencies or higher for achievements in government policies such as the Saemaul Undong at the workplace or industrial accident prevention campaigns, or in relation to prizes won by employees in domestic or international skill competitions recognized by the heads of the relevant central administrative agencies 10. Awards received by proposers of proposals adopted under the 「Regulations on Public Proposals」 or the 「Regulations on Civil Servant Proposals」 11. Rewards or compensations received from the State or local governments in accordance with relevant laws and regulations by persons who report or inform for the purpose of complying with laws and maintaining social order, such as rewards under Article 84-2 of the 「Framework Act on National Taxes」 12. Compensation received by crime informants as determined by the Commissioner of the National Police Agency and the Commissioner of the Korea Coast Guard 13. Prize money and awards received from the State or local governments, other than those specified in subparagraphs 1 through 12 (excluding prize money and awards under Article 38 (1) (20))

"Persons having a special relationship with the employer, etc. or the industry-academia cooperation group prescribed by Presidential Decree" in the proviso of Article 12 (5) (d) of the Act refers to persons who have the relationship with the employer, etc. or the industry-academia cooperation group as specified in the following subparagraphs. 1. In the case of employers, etc.: Persons having the relationship as specified in each subparagraph of Article 17-3 (2). 2. In the case of industry-academia cooperation groups: Persons having the relationship as specified in Article 17-3 (2) (2).