ATJ Asian Tax Journal

Asian Tax Journal

Print ISSN 1738-3323 Online ISSN 2733-9270

A Study on the Method for the Income Realizatio of Exempted Taxpayers

  • Park,Sung-Bae Kyungwon University
  • Lee, Myung Koo Tax and Accounting Research Institute
  • Junghwa Hong Kyungwon University

Asian Tax Journal Vol. 7 No. 2 (2006), pp. 119-140

Abstract

This study is to research the method for the income realization of exempted taxpayers who have engaged in agricultural, marine, livestock, and forest industry. In order to examine data about exempted taxpayers, this study has gathered approximately 366 cases by categorizing the locations of business places as downtown in Seoul, other periphery regions in Seoul, metropolitan cities and the seats of provincial governments, local cities, and agricultural and marine industrial regions. The results of this study can be summarized as following. First, the analysis of the differences of income by classifying exempted taxpayers according to the types of businesses into taxpayers who deal with credit cards(hereafter, the participants) and those who don't(hereafter, the nonparticipants) didn't shows significance. It is the reason that the usual customers are housewives and students who don't use credit card frequently. Second, the analysis of the differences of income by distinguishing the participants and nonparticipants according to the size of the business places for exempted taxpayers shows that there aren't prominent differences, irrespective of their size. Third, the analysis of the differences of tax bases according to the locations of the business places shows that there aren't statistical differences between the participants and the nonparticipants. Fourth, the statistical verification for differences of income realization according to whether the basic expenditures of the business places were overpaid shows that the realizations of the business didn't shows statistical significance. Fixth, the statistical verification for differences of income realization according to careers of the business didn't shows statistical significance. Sixth, the basic expenditure and the size of business places affected for the income of exempted taxpayers, but the careers of business didn't.

Keywords

  • exempted taxpayer
  • income realization
  • credit card participant and nonparticipant

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