Officially, North Korea does not have domestic taxes and claims to be the world’s only tax-free country.[1][2] However, the North Korean government still collects revenue from its citizens in the form of hidden taxation through various sales taxes.[3] In particular, the turnover tax from consumption provides for the majority of the state revenue in North Korea
this is essentially vague rambling about stuff i’ve mostly forgotten, but i remember reading somewhere that north korea doesn’t need to collect taxes the same way other countries do because the north korean government directly owns much of the country’s industry, and it uses the ‘profits’, that in a capitalist country would go mostly to CEOs and shareholders, as its ‘tax’ revenue to fund public projects, the same way an idealized corporation might reinvest its profits into the corporation’s infrastructure and personnel. i’m mostly posting this half-remembered tidbit in the hopes that someone more knowledgeable will correct me or provide sources if i’m right.
https://en.wikipedia.org/wiki/Taxation_in_North_Korea
Oh, they’re just doing my Victoria 3 strategy.
this is essentially vague rambling about stuff i’ve mostly forgotten, but i remember reading somewhere that north korea doesn’t need to collect taxes the same way other countries do because the north korean government directly owns much of the country’s industry, and it uses the ‘profits’, that in a capitalist country would go mostly to CEOs and shareholders, as its ‘tax’ revenue to fund public projects, the same way an idealized corporation might reinvest its profits into the corporation’s infrastructure and personnel. i’m mostly posting this half-remembered tidbit in the hopes that someone more knowledgeable will correct me or provide sources if i’m right.
Yeah, something like that, though I’m sure the specifics vary here and there. If you buy some bread, some of that money goes to road maintenance.
Seems similar to a VAT tax.