Corporate tax: 두 판 사이의 차이

Thomas (토론 | 기여)
편집 요약 없음
Thomas (토론 | 기여)
편집 요약 없음
4번째 줄: 4번째 줄:
Corporate income tax is the tax imposed on the profits earned by corporations, It's a charge levied on a firm’s taxable income, which represents the profit remaining after deducting all allowable expenses from total sales.
Corporate income tax is the tax imposed on the profits earned by corporations, It's a charge levied on a firm’s taxable income, which represents the profit remaining after deducting all allowable expenses from total sales.


In Korea, the corporate income tax follows a graduated tax system, meaning that higher income levels are subject to higher tax rates.
Korea has a graduated tax, applying a higher tax rate for a higher income.




16번째 줄: 16번째 줄:




       For instance, a Korean corporation with a taxable income of 30 billion KRW would be taxed as follows:
       For instance, a Korean corporation with a taxable income of 30 billion KRW would be taxed as this:


  For the first 200 million KRW, a 9 % rate applies.
  For the first 200 million KRW, 9 %.


  From 200 million to 20 billion KRW, the rate increases to 19 %.
  From 200 million to 20 billion KRW, increases to 19 %.
   
   
  For income between 20 billion and 300 billion KRW, a 21 % rate applies.
  For income between 20 billion and 300 billion KRW, 21 % .


Calculating under this system, the total corporate tax amounts to 5.88 billion KRW, giving an average tax rate of approximately 19.6 %
Calculating under this system, the total corporate tax amounts to 5.88 billion KRW, giving an average tax rate of approximately 19.6 %