Income Tax of Foreign-Invested Business and Organization of Its Payment in DPRK

Pong-Nam Ri; Hye-Gyong Sin

doi:doi:10.11648/j.ijafrm.20170202.12

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Income Tax of Foreign-Invested Business and Organization of Its Payment in DPRK

Pong-Nam Ri, Hye-Gyong Sin

Published in International Journal of Accounting, Finance and Risk Management (Volume 2, Issue 2)

Received: 19 August 2016 Accepted: 24 February 2017 Published: 8 May 2017

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Abstract

We have explained about income tax of foreign-invested businesses in DPRK, including types of enterprise incomes and others, the way of tax calculation and its payment, and exemption or reduction measures to them in DPRK. We set different kinds as incomes of a foreign-invested business, object of enterprise income tax, according different sectors. And more favorable tax rates and mode of its payment over other countries in DPRK are fixed in this paper.

Published in	International Journal of Accounting, Finance and Risk Management (Volume 2, Issue 2)
DOI	10.11648/j.ijafrm.20170202.12
Page(s)	57-61
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Enterprise Income Tax, Foreign-Invested Business, Income, Object of Taxation, Tax, Mode of Payment

References

[1]	Ahmedabad & Bangalore, Taxation and Investment in India 2015, Publication of Deloitte Touche Tohmatsu Limited, New Delhi, India, 2015.
[2]	Kenny Lin, Income tax for Foreign Investment Enterprises, PRC Taxation, 2016.
[3]	Scott Guan & Steven Huang, Impact of the New Enterprise Income Tax Law on Foreign Investment in China, CHINA LEGAL UPDATE, Beijing, China, 2015.
[4]	Foreign Investements flow in Insurance Sector in 2016, the Associated Chamber of Commerce and Industry of India, India, 2016.
[5]	Philips. J, Corporate Tax Planning Effectiveness, working paper, 2009.
[6]	VIVIENNE BATH, “THE COMPANY LAW AND FOREIGN INVESTMENT ENTERPRISES IN THE PRC-PARALLEL SYSTEMS OF CHINESE-FOREIGN REGULATION”, UNSW Law Journal, Volume 30, 1-12.
[7]	ESTABLISHMENT OF A FOREIGN INVESTED ENTERPRISE IN CHINA, EU SME Center, 2016.
[8]	Wagenvoort, R., de Nicola, C. and Kappeler, A. (2010) ‘Infrastructure Finance in Europe: Composition, Evolution and Crisis Impact’, European Investment Bank Papers 15 (1): 16-39.
[9]	Guide to Foreign Investment in the PRC 2015, Linklaters.com, London, 2015.
[10]	Peter P. Weifenbrunch and Karren C. Bruke, Federal Income Taxation of Corporations and Stockholders, west publishing co. 2010.

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APA Style

Pong-Nam Ri, Hye-Gyong Sin. (2017). Income Tax of Foreign-Invested Business and Organization of Its Payment in DPRK. International Journal of Accounting, Finance and Risk Management, 2(2), 57-61. https://doi.org/10.11648/j.ijafrm.20170202.12

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ACS Style

Pong-Nam Ri; Hye-Gyong Sin. Income Tax of Foreign-Invested Business and Organization of Its Payment in DPRK. Int. J. Account. Finance Risk Manag. 2017, 2(2), 57-61. doi: 10.11648/j.ijafrm.20170202.12

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AMA Style

Pong-Nam Ri, Hye-Gyong Sin. Income Tax of Foreign-Invested Business and Organization of Its Payment in DPRK. Int J Account Finance Risk Manag. 2017;2(2):57-61. doi: 10.11648/j.ijafrm.20170202.12

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@article{10.11648/j.ijafrm.20170202.12,
  author = {Pong-Nam Ri and Hye-Gyong Sin},
  title = {Income Tax of Foreign-Invested Business and Organization of Its Payment in DPRK},
  journal = {International Journal of Accounting, Finance and Risk Management},
  volume = {2},
  number = {2},
  pages = {57-61},
  doi = {10.11648/j.ijafrm.20170202.12},
  url = {https://doi.org/10.11648/j.ijafrm.20170202.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijafrm.20170202.12},
  abstract = {We have explained about income tax of foreign-invested businesses in DPRK, including types of enterprise incomes and others, the way of tax calculation and its payment, and exemption or reduction measures to them in DPRK. We set different kinds as incomes of a foreign-invested business, object of enterprise income tax, according different sectors. And more favorable tax rates and mode of its payment over other countries in DPRK are fixed in this paper.},
 year = {2017}
}

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TY  - JOUR
T1  - Income Tax of Foreign-Invested Business and Organization of Its Payment in DPRK
AU  - Pong-Nam Ri
AU  - Hye-Gyong Sin
Y1  - 2017/05/08
PY  - 2017
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DO  - 10.11648/j.ijafrm.20170202.12
T2  - International Journal of Accounting, Finance and Risk Management
JF  - International Journal of Accounting, Finance and Risk Management
JO  - International Journal of Accounting, Finance and Risk Management
SP  - 57
EP  - 61
PB  - Science Publishing Group
SN  - 2578-9376
UR  - https://doi.org/10.11648/j.ijafrm.20170202.12
AB  - We have explained about income tax of foreign-invested businesses in DPRK, including types of enterprise incomes and others, the way of tax calculation and its payment, and exemption or reduction measures to them in DPRK. We set different kinds as incomes of a foreign-invested business, object of enterprise income tax, according different sectors. And more favorable tax rates and mode of its payment over other countries in DPRK are fixed in this paper.
VL  - 2
IS  - 2
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Author Information

Pong-Nam Ri

Department of Finance, Kim Il Sung University, Pyongyang, DPRK
Hye-Gyong Sin

Department of Finance, Kim Il Sung University, Pyongyang, DPRK

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APA Style

Pong-Nam Ri, Hye-Gyong Sin. (2017). Income Tax of Foreign-Invested Business and Organization of Its Payment in DPRK. International Journal of Accounting, Finance and Risk Management, 2(2), 57-61. https://doi.org/10.11648/j.ijafrm.20170202.12

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ACS Style

Pong-Nam Ri; Hye-Gyong Sin. Income Tax of Foreign-Invested Business and Organization of Its Payment in DPRK. Int. J. Account. Finance Risk Manag. 2017, 2(2), 57-61. doi: 10.11648/j.ijafrm.20170202.12

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AMA Style

Pong-Nam Ri, Hye-Gyong Sin. Income Tax of Foreign-Invested Business and Organization of Its Payment in DPRK. Int J Account Finance Risk Manag. 2017;2(2):57-61. doi: 10.11648/j.ijafrm.20170202.12

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@article{10.11648/j.ijafrm.20170202.12,
  author = {Pong-Nam Ri and Hye-Gyong Sin},
  title = {Income Tax of Foreign-Invested Business and Organization of Its Payment in DPRK},
  journal = {International Journal of Accounting, Finance and Risk Management},
  volume = {2},
  number = {2},
  pages = {57-61},
  doi = {10.11648/j.ijafrm.20170202.12},
  url = {https://doi.org/10.11648/j.ijafrm.20170202.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijafrm.20170202.12},
  abstract = {We have explained about income tax of foreign-invested businesses in DPRK, including types of enterprise incomes and others, the way of tax calculation and its payment, and exemption or reduction measures to them in DPRK. We set different kinds as incomes of a foreign-invested business, object of enterprise income tax, according different sectors. And more favorable tax rates and mode of its payment over other countries in DPRK are fixed in this paper.},
 year = {2017}
}

Copy | Download

TY  - JOUR
T1  - Income Tax of Foreign-Invested Business and Organization of Its Payment in DPRK
AU  - Pong-Nam Ri
AU  - Hye-Gyong Sin
Y1  - 2017/05/08
PY  - 2017
N1  - https://doi.org/10.11648/j.ijafrm.20170202.12
DO  - 10.11648/j.ijafrm.20170202.12
T2  - International Journal of Accounting, Finance and Risk Management
JF  - International Journal of Accounting, Finance and Risk Management
JO  - International Journal of Accounting, Finance and Risk Management
SP  - 57
EP  - 61
PB  - Science Publishing Group
SN  - 2578-9376
UR  - https://doi.org/10.11648/j.ijafrm.20170202.12
AB  - We have explained about income tax of foreign-invested businesses in DPRK, including types of enterprise incomes and others, the way of tax calculation and its payment, and exemption or reduction measures to them in DPRK. We set different kinds as incomes of a foreign-invested business, object of enterprise income tax, according different sectors. And more favorable tax rates and mode of its payment over other countries in DPRK are fixed in this paper.
VL  - 2
IS  - 2
ER  -

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