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There are additional taxes on business than the corporate income taxes. For example, there is value added tax (VAT), implemented under the framework provided by the VAT Directive (2006/112/EC), with a general rate of 17% (with reduced rates of 14%, 8%, or 3%). There is also the net wealth tax (IF) which depends on the assets held:
A wealth tax (also called a capital tax or equity tax) is a tax on an entity's holdings of assets or an entity's net worth. This includes the total value of personal assets, including cash, bank deposits, real estate, assets in insurance and pension plans, ownership of unincorporated businesses , financial securities , and personal trusts (a ...
Song Hye-kyo (Korean: 송혜교; born November 22, 1981) [A] is a South Korean actress. She gained international popularity through her leading roles in the television dramas Autumn in My Heart (2000), All In (2003), Full House (2004), That Winter, the Wind Blows (2013), Descendants of the Sun (2016), Encounter (2018), and The Glory (2022).
This is a list of South Korean billionaires (by US$) based on an annual assessment of wealth and assets compiled and published by Forbes magazines in 2024. [ 1 ] 2024 South Korean billionaires list
The global minimum tax on billionaires is a proposal by EU TAX put forward by UC Berkeley economist Gabriel Zucman to the G20. It is supported by the Brazilian and French presidents, Lula and Emmanuel Macron, and by ministers from South Africa, Spain, France and Germany. [ 1 ]
The Wealth Tax Commission in the United Kingdom was a group of experts studying the desirability and feasibility of a wealth tax. [1] The three Commissioners, Arun Advani, [2] Emma Chamberlain and Andy Summers, cooperated with a large network of academics, policymakers and tax practitioners to produce an extensive evidence base on the wealth tax. [3]
The World That They Live In) is a 2008 South Korean television series starring Song Hye-kyo and Hyun Bin. It centers on the personal and professional lives of those in the broadcasting industry, offering a realistic look at Korean drama production through the work and romance of two TV directors. [ 3 ]
Luxembourg for Finance is an agency dedicated to the promotion and development of Luxembourg's Financial Centre. The agency is a public-private partnership between the government of Luxembourg and Luxembourg Financial Industry Federation.