Gyeonggi Province Moves to Reform "Unreasonable Local Tax System"

Gyeonggi Province announced on the 29th that it has decided to identify unreasonable local tax systems and request the government to revise them.

To this end, the province plans to hold a "Grand Forum on Local Tax System Improvement" at the Gyeonggi Youth Training Institute on the 9th and 10th of next month, bringing together approximately 100 tax officials from within the province and experts in tax administration for discussion.

At this meeting, the province plans to objectively evaluate and analyze issues with the "progressive taxation system on large corporations and factories in metropolitan areas" by dividing it into periods before and after the system's introduction, and to develop rational alternatives.

The province will also examine local tax refunds, assessment appeals, and surcharge burdens related to local tax payment and refunds, and will seek measures such as developing a pre-notification system to prevent taxpayers from suffering disadvantages.

After gathering opinions, the province plans to prepare a system improvement plan and recommend system reforms to the Ministry of the Interior and Safety by mid-February.

Meanwhile, the province has decided to collect opinions from provincial residents who are taxpayers and tax administration officials from cities and counties from the 29th through February 10.

Suggestions for local tax system improvements can be submitted to the Gyeonggi Province Tax Administration Division (031-8008-4154).