iCalculator™ KP: North Korea Tax Calculators

Welcome to iCalculator™ KP, your comprehensive suite of free tax calculators for North Korea. iCalculator™ has provided free tax calculators for North Korea since 2019. Since those early days we have extended our resources for North Korea to includes Tax Guides, Tax Videos and enhanced the tax calculators and supporting tax information. The North Korea Tax Calculator and salary calculators within our North Korea tax section are based on the latest tax rates published by the Tax Administration in North Korea. In this dedicated Tax Portal for North Korea you can access:

North Korea Tax Calculator 2024/25

The North Korea Tax Calculator below is for the 2024 tax year, the calculator allows you to calculate income tax and payroll taxes and deductions in North Korea. This includes calculations for

1. Employees in North Korea to calculate their annual salary after tax.
2. Employers to calculate their cost of employment for their employees in North Korea.

Discover North Korea

North Korea, officially known as the Democratic People's Republic of Korea (DPRK), is situated in East Asia on the northern part of the Korean Peninsula. It shares borders with three countries: to the north and northwest, it is bordered by China along the Yalu River, to the northeast by Russia along the Tumen River, and to the south, it is separated from South Korea by the Korean Demilitarized Zone (DMZ), which is a heavily fortified border. Its western coast is bordered by the Yellow Sea, while its eastern coast faces the Sea of Japan (East Sea). North Korea's geographical location has played a significant role in its political, economic, and cultural development, influencing its interactions with neighboring countries and the wider world.

The economy of North Korea is one of the most centrally planned and isolated economies in the world. It operates on a self-reliant development strategy known as Juche, which emphasizes independence in all sectors from foreign assistance. The key economic sectors include agriculture, where rice, corn, potatoes, and soybeans are the primary crops; mining, with significant reserves of coal, iron ore, limestone, and magnesium; and heavy industry, including the production of military equipment, chemicals, and machinery. Despite its rich mineral resources, the country faces numerous economic challenges, including limited agricultural productivity, outdated industrial infrastructure, and the impacts of international sanctions.

Culturally, North Korea is deeply influenced by its long history and traditional Korean heritage, yet it is also marked by the ideologies of its government. The country is known for its elaborate mass games, which are large-scale performances involving gymnastics and dance to celebrate state ideology and national holidays. North Korean culture also emphasizes strong community ties, conformity, and loyalty to the state, with a significant focus on the leadership. The government controls cultural expression, media, and access to information, shaping a unique but highly regulated cultural landscape.

Neighboring countries include China, Russia, and South Korea. These neighboring states play a crucial role in North Korea's international relations, economic exchanges, and geopolitical strategies. Despite its isolation, North Korea's interactions with these countries are essential for understanding the dynamics of regional politics and the challenges of diplomacy in East Asia.

Tax overview of North Korea

The taxation system in North Korea is markedly different from those in many other countries due to its unique political and economic structure. As one of the world's most centrally planned and isolated economies, North Korea's approach to taxation reflects its broader socio-economic policies. The country's tax system is designed to align with its self-reliance (Juche) ideology, which emphasizes independence from foreign influence and the primacy of the state in economic affairs.

In North Korea, the government traditionally played a dominant role in the economy, with many industries nationalized and the majority of production and services provided by the state. This system limits the typical Western concept of taxation on individual and corporate income. However, there are indirect forms of taxation and state revenue collection mechanisms in place, which include various fees, levies on state-owned enterprises, and contributions from citizens in support of national projects. The specifics of these mechanisms are not widely published, reflecting the overall opacity of the country's economic policies.

Another aspect of North Korea's economic structure is its focus on self-sufficiency and minimal reliance on external economic assistance. This approach affects how the government finances its activities, with a significant portion of the state budget derived from its key industries, such as mining, agriculture, and military production. While detailed information on the tax system and rates is scarce due to the secretive nature of the regime, it is understood that the government utilizes a range of financial tools to support its economic and social objectives.

For those interested in the economic and tax-related dynamics of North Korea, including an understanding of how such systems operate in a highly centralized and controlled economy, our tax hub offers insights and tools for a broad range of countries. While specific information on North Korea may be limited, our resources provide valuable context and comparisons for those looking to explore tax systems around the world.