PYONGYANG, MARCH 19 (KCNA) — MARCH 21 IS THE 30TH ANNIVERSARY OF THE PROMULGATION OF THE LAW ON ABOLISHING THE TAX SYSTEM FOR GOOD AND ALL IN THE DEMOCRATIC PEOPLE’S REPUBLIC OF KOREA.
SINCE THE LAW WAS PUT INTO EFFECT, THE DPRK HAS BECOME THE FIRST TAX-FREE COUNTRY IN THE WORLD.
THE WORKERS’ PARTY OF KOREA AND THE DPRK GOVERNMENT, REGARDING IT AS THE SUPREME PRINCIPLE OF THEIR ACTIVITIES TO PROMOTE THE WELL-BEING OF THE PEOPLE, HAVE ALWAYS PAID DEEP ATTENTION TO
MAKING ALL THE WORKING PEOPLE BE EVENLY WELL OFF AND IMPROVING THEIR LIVING CONDITIONS.
THOUGH THE COUNTRY’S ECONOMIC CONDITIONS WERE DIFFICULT AFTER THE WAR, THE GOVERNMENT TOOK VARIOUS MEASURES TO SYSTEMATICALLY REDUCE THE PEOPLE’S TAX BURDEN.
IN JUCHE 44(1955) THE INCOME TAX OF WORKERS AND OFFICE EMPLOYEES AND THE TAX BURDEN OF HANDICRAFTSMEN, ENTREPRENEURS AND BUSINESSMEN WERE REDUCED CONSIDERABLY, AND THE AGRICULTURAL
TAX-IN-KIND WENT DOWN TO 20.1 PERCENT ON AN AVERAGE.
LATER, EVEN THE DRAMATICALLY REDUCED AGRICULTURAL TAX-IN-KIND AND INCOME TAX OF WORKERS AND OFFICE EMPLOYEES WERE TOTALLY
ELIMINATED.
WITH THE HISTORIC LAW ON ABOLISHING THE TAX SYSTEM ADOPTED AT THE 3RD SESSION OF THE 5TH SUPREME PEOPLE’S ASSEMBLY IN 1974, THE
TAX SYSTEM, WHICH HAD EXISTED FOR THOUSANDS OF YEARS, WAS FINALLY LIQUIDATED AND THE PEOPLE’S LONG-CHERISHED DESIRE WAS REALIZED
SATISFACTORILY. -0-