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Sunday, April 25, 2004

(Small businesses) Tax burden of petty self-employed to grow

Small businesses which have been exempted from the value added tax due to a small yearly income will from next year on be levied the VAT on their main occupation (ponôp) in case they have a side occupation (puôp) (for example a hairdressing shop keeper getting income from real estate, or a private taxi owner getting income from a truck in his ownership) (Chosun Ilbo).

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Antti Leppänen, 5:12 PM │ │ │