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  • Overview of South Korea and Its Tax System Corporate Income Tax in South Korea Vietnam in Comparison With South Korea and Recommendations

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    hangpham912
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    Taxation is a system that governments use to raise money to fund activities. Without taxes, government could not exist. Governments may also use taxes to achieve social, economic, and political goals. Taxation can redistribute wealth by imposing heavier taxes on some groups to fund services for others. The document discusses the history of debate around taxation and aims to provide a profound look at corporate income tax in South Korea, with recommendations for Vietnam. It is organized into an introduction, three parts on the South Korean tax system, corporate income tax, and a comparison to Vietnam with recommendations.

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    Tax

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    Intro - Hang

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    Taxation is a system that governments use to raise money to fund activities. Without taxes, government could not exist. Governments may also use taxes to achieve social, economic, and political goals. Taxation can redistribute wealth by imposing heavier taxes on some groups to fund services for others. The document discusses the history of debate around taxation and aims to provide a profound look at corporate income tax in South Korea, with recommendations for Vietnam. It is organized into an introduction, three parts on the South Korean tax system, corporate income tax, and a comparison to Vietnam with recommendations.

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    © All Rights Reserved
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    9 views1 page

    Overview of South Korea and Its Tax System Corporate Income Tax in South Korea Vietnam in Comparison With South Korea and Recommendations

    Uploaded by

    hangpham912
    Taxation is a system that governments use to raise money to fund activities. Without taxes, government could not exist. Governments may also use taxes to achieve social, economic, and political goals. Taxation can redistribute wealth by imposing heavier taxes on some groups to fund services for others. The document discusses the history of debate around taxation and aims to provide a profound look at corporate income tax in South Korea, with recommendations for Vietnam. It is organized into an introduction, three parts on the South Korean tax system, corporate income tax, and a comparison to Vietnam with recommendations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Taxation is a system of raising money to finance government.

    All governments
    require payments of moneytaxesfrom people. Without taxes to fund its activities,
    government could not exist. In addition to using taxation to raise money, governments
    may raise or lower taxes to achieve social and economic objectives, or to achieve
    political popularity with certain groups. Taxation can redistribute a societys wealth by
    imposing a heavier tax burden on one group in order to fund services for another. Also,
    some economists consider taxation an important tool for maintaining the stability of a
    countrys economy.

    Throughout history, people have debated the amount and kinds of taxes that a
    government should impose, as well as how it should distribute the burden of those taxes
    across society. Our research aims to provide readers a profound look into on one of the
    main types of taxes Corporate Income Tax (CIT) in South Korea, from which we infer
    valuable recommendations for Vietnam.

    Besides the Introduction and Conclusion, it is comprised of three parts as the


    following:

    Overview of South Korea and Its Tax System


    Corporate Income Tax in South Korea
    Vietnam in Comparison with South Korea and Recommendations

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