<$BlogRSDURL$>
Reading

Hannu Salama: Kosti Herhiläisen perunkirjoitus
Flickr photographs
www.flickr.com
More of my Flickr photos
∙ Current position: Academy of Finland Postdoctoral Researcher, Social and Cultural Anthropology, University of Helsinki
∙ Ph.D. dissertation Neighborhood Shopkeepers in Contemporary South Korea: Household, Work, and Locality available online (E-Thesis publications a the University of Helsinki). For printed copies, please contact me by e-mail.
Contact ∙ Personal
cellularmailmy del.icio.us bookmarks
my photographs at Flickr
Anthropology at U. of Helsinki
Finnish Anthropological Society
Powered by Blogger

Anthropology, Korean studies and that

Savage Minds
Keywords
Golublog
photoethnography
antropologi.info
Solongseeyoutomorrow
Constructing Amusement
Otherwise
Frog in a Well

Often visited

The Marmot's Hole Gusts Of Popular FeelingSanchon Hunjang Mark RussellLanguage hatMuninngyuhang.netSedisKemppinenJokisipiläPanun palsta
Weblog Commenting and Trackback by HaloScan.com


Google this blog
Download Hangul Viewer 2002
Download Hangul Office Viewer 2007

Wednesday, November 30, 2005

income deductions for the self-employed


A cartoon of a self-employed (chayôngôpcha) in the Kyunghyang article: keeper of an eating place is representative of one.
Seems that I've missed the difference in income deductions for taxation between wage earners and self-employed, which is pointed out in a recent Kyunghyang Sinmun article about deductions available for independent businesskeepers. The basis for the preferential treatment of wage earners is age-old issue of the transparency of wage earners' income ("glass wallet") compared to the self-employed, who cannot deduce insurances, medical expenses, schooling expenses (?), housing, marriage, funerals, removals, use of credit card ...

What the self-employed are able to deduce is the national pension (kungmin yôn'gûm) payment, and donations to social welfare organizations of the national or regional governments and religious organizations. Also pension savings (yôn'gûm chôch'uk) are deductable. And moreover, the more the sales are done using documentation, the more deductions can be made, and same goes with keeping books (changbu).
But I guess the small businesskeepers know how much of their sales is worth putting in books and how much is better left unrecorded - I've never known Koreans as happy taxpayers.

Categories at del.icio.us/hunjang:

Comments to note "income deductions for the self-employed" (Comments to posts older than 14 days are moderated)


Write a Comment