The Sales Tax Rate in North Korea stands at 15 percent. source: Ministry of Finance

Sales Tax Rate in North Korea is expected to reach 15.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Korea Sales Tax Rate - VAT is projected to trend around 15.00 percent in 2021, according to our econometric models.

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North Korea Sales Tax Rate - VAT



Related Last Previous Unit Reference
Sales Tax Rate 15.00 15.00 percent Dec 2020

North Korea Sales Tax Rate - VAT
In North Korea, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of North Korea.
Actual Previous Highest Lowest Dates Unit Frequency
15.00 15.00 15.00 15.00 2014 - 2020 percent Yearly