https://news.ycombinator.com/user?id=camz

> I didn't realise Forbes let you blog under their brand now

In fact that's been their exact business model for a while. Good March 2012 article on that:

http://www.poynter.org/latest-news/top-stories/173743/what-t...

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http://www.techinasia.com/negotiation-miit-orders-chinese-br...

Indeed there seems to be one plugin which hotlinks a js file from Github: http://www.ce.cn/cysc/tech/07hlw/guonei/201301/21/t20130121_...

But of course, blocking Github didn't affect any of the other plugins. So Phoenix TV is reporting that most other plugins are still actually working:

http://tech.ifeng.com/internet/detail_2013_01/21/21406667_0....

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To put this in perspective, that charge is almost the same as the charge for one of the programmers themselves. My guess is, Nosotek most likely have to pay for a third guy from the government to watch the browsing habits of the first two, and that third guy has to belong to both the set of political reliables and the set of internet-savvy people --- two sets which are already small in North Korea and whose intersection is even smaller. Not to mention the cost of the extra computer and internet connection itself

More links about Nosotek:

http://www.nkeconwatch.com/category/organizaitons/nosotek/

http://www.northkoreatech.org/tag/nosotek/

http://nosotek.com/

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I'm only surprised it doesn't happen more often. I guess, given the intended audience, it's not so surprising that it doesn't get abused. But still, it would be incredibly easy to send out a fake email pretending to be the Federal Register. Imagine all the fun you could have issuing your own antidumping notices and arms control regulations.

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No doubt, in any supply chain, the highest value-added steps are not occuring in Kaesong. As pointed out by others, labour costs can't explain the difference of hundreds of dollars on these monitors and so samstave's guess is likely wrong (though I don't think he deserves to be downvoted into oblivion). But companies don't decide to locate at Kaesong for cost reasons anyway; rather, they're there for nationalistic reasons about promoting reunification. The factories there apparently don't even break even in the absence of South Korean government subsidies, and the future of those subsidies is uncertain: http://koreajoongangdaily.joinsmsn.com/news/article/article....

(Another slightly more complex point is that companies manufacturing products at Kaesong likely have to accept lower margins on them --- exporting them runs into sanctions issues in many countries, meaning they have to be sold in the domestic market --- but I doubt that's what's going on here to make these monitors so cheap either).

For those who are interested in this kind of stuff, the blog http://www.nkeconwatch.com/ makes good reading

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The issue is not the tax owed (which as you correctly note tends to come out near zero) but the reporting requirements, which go well beyond those imposed on people who live in the US and keep all their assets there. Turbotax and other consumer software packages do not (and likely never will) support the kinds of complex forms you have to file if you settle outside the US and start leading a normal financial life like any other resident of your adopted homeland: Form 8621 if you'd like to buy ETFs on your local stock exchange, Form 3520 if you're obligated to participate in a local retirement plan --- and most relevantly to Hacker News, Form 5471/8858 (and maybe a 926 and 8832 as well) if you'd like to start your own company where you live. Estimated time for completion for Form 5471 for example is 44 hours (plus a recordkeeping burden of 130 hours, primarily due to the part where you have to redo all your company's accounts in US GAAP), and it has a failure-to-file fine of tens of thousands of dollars per accounting period.

http://www.irs.gov/pub/irs-pdf/i5471.pdf

All of these forms (except Form 8938 & FBAR) must be filed regardless of the tax owed or the value of the asset in question. These forms (and their associated failure-to-file penalties) were designed with extremely rich onshore people in mind --- because Congress didn't think anyone besides a multi-millionaire tax-evader would use a "Controlled Foreign Corporation", "Passive Foreign Investment Company", or "Foreign Non-Grantor Trust". But as it turns out, the way the rules are written, literally every American who lives abroad for more than a few years ends up in a similar boat as American homelanders with more than 100x their income/assets, and has to pay accordingly for tax advice --- not advice on how to reduce their taxes (since once taxes in the country of residence are taken into account, there is already no tax owed), but advice on how to properly report to the IRS.

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