Topic: what other things are tax deductible


Topic: what other things are tax deductible

Summary


There are many deduction systems in Korea. Examples include earned income tax deductions, personal tax deductions, credit card deductions and child tax deductions. Earned income deduction is the deduction of a certain amount from the total amount of benefits to calculate the tax base for earned income. Personal deduction is a system that deducts a certain amount from taxable income in consideration of personal information about the taxpayer himself or his family. Credit card deduction refers to a 15 percent income tax deduction for credit card use used in excess of 25 percent of the total salary regardless of the salary. Child tax deduction is a system that deducts a certain amount from the calculated tax amount if a child is eligible for the basic tax deduction when calculating the aggregate income tax amount of a resident. 

Interesting


Taxes are essential for the operation of a country. If so, there are various ways to collect such taxes, and it is possible to pay them less. There are many ways, so it seems too difficult to consider them all. 

Discussion
If reducing taxes comes first, is it a good people or not? It is important to find one's rights. Then it is important to find a way to reduce taxes. But what will happen to the country if everyone does? Rather, it could be a more efficient and economical country, but vice versa.

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