Working papers:

Korea's Tax System: A Growth-Oriented Choice

Joosung Jun

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Title:
Korea's Tax System: A Growth-Oriented Choice
Author(s):
Jun, Joosung
Date:
Type:
Working papers
Department:
Initiative for Policy Dialogue
Permanent URL:
Series:
Initiative for Policy Dialogue Working Paper Series
Publisher:
Initiative for Policy Dialogue
Publisher Location:
New York
Abstract:
Korea's tax system does not much resemble those found in developed countries. The tax bases are narrow and the overall tax burden is relatively low. Tax revenue as a fraction of GDP has increased steadily over the past decades, but at around 20 percent it is still among the lowest in the OECD.
Subject(s):
Finance
Economics
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