South Korea: 8,379,407 self-employed businesses earned 12 million won or less in 2024

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  • Rep. Moon Jin-seok disclosed National Tax Service data on low-income self-employed businesses.
  • 8,379,407 businesses reported annual income of 12 million won or less in 2024.
  • Zero-sales businesses increased from 780,363 in 2020 to 1,107,690 in 2024.
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